Trump Accepts 80% of Ethics Deal, Clears Path for Senate Vote on Crypto Rules
President Trump has agreed to about 80% of a bipartisan ethics compromise, removing a major hurdle for the Senate's upcoming vote on the CLARITY Act. The bill aims to regulate crypto markets and strengthen rules on elected officials' crypto holdings and enforcement roles.
The deal is seen as a breakthrough that improves the bill's chances in the Senate, which requires 60 votes to proceed. However, concerns remain among Democrats and Republicans on other issues.
XRP price has stayed steady near $1.36 amid growing institutional interest, highlighted by $19 million inflows into XRP ETFs recently.