TechFlow news, July 16: According to CoinDesk, US President Trump is expected to meet with senators Thursday afternoon to discuss the most controversial ethics provisions in the "Crypto Clarity Act," which aim to limit personal business interests of senior government officials in the crypto sector.
Democrats insist on including such restrictions, particularly targeting Trump's disclosed crypto industry income of over $1 billion in 2025. Currently, negotiating parties have not reached an agreement on a compromise. The Senate will enter summer recess in early August, leaving only a few weeks for the legislative window. Senate Majority Leader Thune stated that regardless of whether the final text is finalized, the bill process will continue to advance this month.
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