Reported CLARITY Act ethics provision would have set a crypto divestment threshold.

What happened.

CryptoSlate reported that the final Senate draft of the CLARITY Act would have required certain senior federal officials to divest qualifying equity holdings of at least $15,000 in businesses that issue or sponsor digital assets. The report says Donald Trump backed the rule, while describing it as stopping short of the family business.

The proposed requirement died with the bill. The supplied record characterizes the CLARITY Act as stalled, so the reported threshold is not an active statutory requirement.

Why it matters.

The episode identifies a specific conflict-of-interest safeguard that was considered in the legislative route for digital-asset regulation but did not survive it. It leaves open whether a similar federal standard could reappear through later legislation or another policy path.

For readers tracking U.S. crypto governance, the important question is not whether the reported draft rule currently governs officials; it does not. The question is whether an identifiable divestment threshold returns in a new proposal.

Receipt to watch next.

Watch for a new federal legislative text or official policy proposal that addresses conflict-of-interest rules for digital assets, particularly one that specifies a holding threshold and which officials or businesses it covers.