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FollowingTrump agrees with state attorneys general to enforce the ethics code in the Clarity Act
Donald Trump President has agreed to have state attorneys general enforce the ethics code written into the Clarity Act, a concession on how to regulate the conduct provisions of the cryptocurrency bill.
Details of agreement on state law enforcement roles
According to reports, the agreement gives state attorneys general (each state's top legal officer) a role in enforcing ethical codes related to the Clarification Act. The move was seen as a concession, meaning Trump accepted a previously unsupported state-level enforcement mechanism to oversee the bill's ethics provisions.
Trump has been urging members of Congress for months to advance cryptocurrency market structure legislation as part of an overall effort to get the Clarity Act passed through Congress.
Terms of reference and unconfirmed matters of the state attorney general
This enforcement role is reportedly related only to ethics and does not cover all provisions of the broader cryptocurrency bill.
Although the basic text of the Market Structure Act is documented (as shown in Congress.gov), the available evidence does not detail the officials subject to jurisdiction, enforcement procedures, and any penalties associated with this particular concession.
Reaching a certain role arrangement does not mean obtaining new legal powers. Before the relevant legal language is officially written into the text of the bill, the exact scope of the state attorney general's investigation remains uncertain.
Ethics clauses have been a focus in negotiations. Democrats have pushed for the inclusion of codes of conduct and vertical integration-related provisions, while Senate Republicans have separately revised the Clarity Act's treatment of decentralized finance (DeFi) and predictive markets.
What this means for the bill process
This concession is a negotiation step, not a bill that has been passed. There is currently no conclusive evidence of a definite vote count, timetable or effective version.
Whether the state's law enforcement role will ultimately remain in the bill text depends on subsequent drafting and voting results. Also undecided is its impact on the political standoff surrounding Trump cryptocurrency trading, including the Senate's request that the U.S. Securities and Exchange Commission investigate its issuance of memecoin.
The key question now is: Will lawmakers really write this concession into the Clarity Act, or will it stall like previous ethics disputes?
Disclaimer : This article is for reference only and does not constitute financial or investment advice. There are significant risks in the cryptocurrency and digital asset markets. Be sure to conduct independent research before making any decisions.
