Trump's crypto conflicts are real — don't hold America's financial future hostage

Congress has spent more than 15 months trying to answer a fundamental question confronting America’s digital asset industry: Who regulates what? On Sept. 15, the Senate will face a procedural cloture vote on the CLARITY Act that could determine whether Congress gets any closer to an answer.

The dispute surrounding the CLARITY Act includes legitimate concerns about President Donald Trump’s conflicts of interest in crypto. But senators must not allow a controversy involving one president to derail rules intended to govern a financial industry that could prove revolutionary long after he leaves office.