# Clarity Act Debate: Should the President Be Barred from Selling Crypto? A major bill pushed by the crypto industry is nearing a Senate vote. - **Source:** [NYTimes Technology](https://www.nytimes.com/section/technology) - **Published:** 2026-07-23 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/45a51723-7848-4b03-9af3-f17ec7989fb7 ## What is the Clarity Act? The Clarity Act is a significant bill supported by the crypto industry, set to be voted on in the US Senate. This bill aims to provide clarity on the regulation and control of crypto assets. ## What is the Central Debate? The main debate between Democrats and Republicans centers on whether the President should be barred from selling crypto assets. This issue is seen as a critical point that will determine the future of the bill. ## As the Senate Vote Approaches As the Clarity Act nears a Senate vote, intense negotiations are underway to reach an agreement between both parties. This process will shape the final form of the bill. ## The Role of the Crypto Industry The crypto industry is conducting significant lobbying efforts for the passage of the Clarity Act. Industry representatives emphasize that the bill is crucial for the future of crypto assets. ## The President's Crypto Sales The debate over barring the President from selling crypto assets is one of the most attention-grabbing provisions of the bill. This provision could impact the President's financial decisions. ## The Importance of the Clarity Act The passage of the Clarity Act would be a significant step in the regulation and control of crypto assets. This bill could be a major turning point for both the industry and the government. ## Sources covering this story - https://www.nytimes.com/2026/07/22/technology/crypto-bill-trump.html — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._