Deep Tide TechFlow message: On July 16, according to CoinDesk, Democratic Senators Chris Murphy, Chris Van Hollen, and Jeff Merkley opposed the “Clarity Act” at a press conference in Washington, calling it “corrupt legislation.” They emphasized that it should not receive Democratic support unless the bill directly addresses the issue of connections between the personal crypto interests of President Trump.

The bill needs enough Democratic votes to overcome the Senate’s 60-vote threshold, but the core dispute is whether it would bar senior officials from participating in the crypto industry. In 2025, Trump profited more than $1 billion from crypto-related activities, making it the focal point of the opposition. So far, both sides have not reached a compromise on the ethics provisions.