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The Clarity Act contains real ethics gaps that wealthy officials can benefit from. The current version (as of July 22, 2026) prohibits presidents, vice presidents, members of Congress and their spouses from spending or sponsoring digital assets for a fee. But: • Holding of coins as an investment remains allowed • Existing family businesses, license and revenue sharing models are not cleanly recorded • The regulation expires on January 20, 2029 (Sunset) • Enforcement is primarily at the Ministry of Justice Sources: The Block, Bitcoin Magazine, Senate text. Specific figures: According to his own Financial Disclosures, Trump has taken in over $1.4 billion from crypto business in 2025. Of which, among others: • approx. $800 million via World Liberty Financial • approx. $635 million from the $TRUMP memecoin (license/royalty model) Source: Reuters / U.S. Office of Government Ethics Disclosure (June 2026). Senator Elizabeth Warren and Transparency International U.S. sharply criticize the clause: Warren: The provisions are „riddled with major loopholes“ and will not prevent Trump from continuing to earn hundreds of millions. Transparency International: The text does not stop the main ways in which the $1.4 billion was generated (family entities, license rights, name/likeness use). The sunset clause and DOJ enforcement further weaken the regulation. Sources: Warren Statement (Senate Banking Committee, 22.07.2026) + Transparency International U.S. Statement on the same day. Conclusion: The Clarity Act brings important structural clarity for the crypto market (CFTC/SEC distinction, developer protection etc.). At the same time, the ethics regulation remains so constructed that existing personal and family profit streams of officials remain largely untouched and are limited in time. This is not a conspiracy - this is stated in the legislative text and in the public criticism statements. Those who support the Act should at least know these gaps and discuss them transparently.

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