- CLARITY Act talks continue as ethics provisions remain the main obstacle before a possible Senate vote later in July.
- NOBLE endorsed the Blockchain Regulatory Certainty Act, while MCSA withdrew its opposition and became neutral.
- Senate negotiations continue as lawmakers debate ethics rules tied to President Trump’s crypto business interests.
Negotiations over the CLARITY Act continued this week after the White House missed its July 4 signing target, leaving ethics provisions as the largest unresolved issue. According to Crypto In America, lawmakers and administration officials remain in discussions while new positions from major law enforcement groups have added another development before Congress returns from recess on July 13.
Law Enforcement Groups Adjust Positions
According to Crypto In America, the National Organization of Black Law Enforcement Executives (NOBLE) endorsed the CLARITY Act and became the first major law enforcement organization to support the Blockchain Regulatory Certainty Act provision.
NOBLE said the measure does not change existing federal criminal authorities used in investigations, including laws covering money laundering and unlicensed money transmission.
Meanwhile, the Major County Sheriffs of America (MCSA) withdrew its earlier opposition and adopted a neutral position. The organization said recent discussions with administration officials created opportunities to strengthen the legislation while supporting state and local law enforcement.
However, some industry participants expressed concern that negotiations could alter the Blockchain Regulatory Certainty Act language to secure broader law enforcement support.
Ethics Debate Remains Unresolved
Attention has also remained on ethics provisions following President Donald Trump’s financial disclosure. The filing reported more than $1 billion in crypto-related income during the past year, including over $600 million tied to the TRUMP memecoin.
Senator Kirsten Gillibrand renewed her proposal to prohibit the president, members of Congress, and their spouses from issuing or sponsoring digital assets.
BitGo Chief Executive Officer Mike Belshe responded that ethics rules should apply across all asset classes rather than focus only on cryptocurrencies.
Senate Talks Continue During Recess
Meanwhile, Senators Ruben Gallego and Angela Alsobrooks maintained their calls for stronger ethics provisions before supporting the legislation on the Senate floor.
Gallego said he would continue efforts targeting President Trump’s crypto business activities. Alsobrooks also said an ethics agreement remains necessary before further Senate action.
According to Crypto In America, negotiations will continue while Congress remains in recess. If lawmakers resolve the remaining issues, Senate leadership could bring the CLARITY Act to the floor during the week of July 20.
