Crypto Clarity Watch

Gillibrand’s token ban puts ethics into the CLARITY fight

Tuesday, July 7, 2026 · 10 min

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CLARITY Act negotiator Kirsten Gillibrand proposed barring Congress, the president and spouses from issuing digital assets, as Trump-family crypto income fuels ethics demands that could reshape the market-structure bill and its SEC/CFTC jurisdiction fight.

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CLARITY Act negotiator Kirsten Gillibrand proposed barring Congress, the president and spouses from issuing digital assets, as Trump-family crypto income fuels ethics demands that could reshape the market-structure bill and its SEC/CFTC jurisdiction fight.

In this episode

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  5. Step Back — If the SEC and CFTC are now issuing a joint crypto interpretation while Congress is still debating the CLARITY Act, how much legal certainty can regulators actually create on their own — and what still can’t be settled without a statute?

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