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Trump cedes on ethics rules and opens way for major crypto legislationPhoto by renatolaky on Pexels
Politics
USA
Elections

Trump cedes on ethics rules and opens way for major crypto legislation

Euronews Portugal14 September 2026 at 12:24

The president of the United States, Donald Trump, agreed to comply with ethical restrictions he had previously resisted, thus removing the last obstacle to the CLARITY Act. This concession allows the decisive vote on the legislation to proceed in the Senate on Tuesday.

The CLARITY Act represents major crypto legislation that was dependent on this ethical issue to progress in the American legislative process. The decisive vote was scheduled to take place in the Senate on Tuesday.

Trump had resisted the ethical restrictions, which apparently created an impasse in advancing the legislation. His decision to accept these rules now opens the way for the proposal to advance to final vote.

The outcome of this vote could have significant implications for the cryptocurrency sector in the United States, if the CLARITY Act is approved by the Senate.

Why this matters

This vote in the US Senate can define the regulatory framework for cryptocurrencies globally, affecting Portuguese investors and companies operating in this sector. Trump's concession on these ethical issues represents a significant change in the American political landscape with implications for transatlantic cooperation on financial regulation.

About this summary

This is our short summary of a report published by Euronews Portugal on 14 September 2026 at 12:24; the full text stays with the publisher. In our feed it sits under Politics. We currently carry 29453 items in that section.

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