The amendment to the CLARITY bill that prohibits Trump from profiting from cryptocurrency assets has been rejected

On June 10th, BlockBeats reported that the CLARITY Act, a clear bill for the US digital asset market, is currently under review by the House Financial Services Committee and Agriculture Committee. Amendment 2, which prohibits President Trump and his family from profiting from trading or promoting cryptocurrency, has been rejected. Chairman Thompson stated that this is not a place to discuss presidential ethics. The remaining amendments that have been reviewed include: Amendment 1, which fully reauthorizes the CFTC (Commodity Futures Trading Commission), was rejected; Amendment 6 "to enable the CFTC to charge more fees from market participants" has been passed. BlockBeats note: More amendments related to Trump are being proposed by other members of the House of Representatives, and the final outcome of the CLARITY Act bill has not yet been finalized, with ongoing deliberations.