CLARITY Act Vote Crisis, Trump Token Moves & Crypto Pullback | Daily Crypto Roundup

The CLARITY Act is heading towards a crucial Senate vote—but supporters may still be seven votes short of the 60 needed to move the legislation forward.

In today’s Daily Crypto Roundup , we examine the increasingly bitter negotiations surrounding Donald Trump’s crypto ethics restrictions, why Democrats believe the current enforcement provisions are too weak, and whether the entire market-structure bill could collapse before the Senate’s August recess.

We also cover the movement of almost $17 million in Official Trump tokens into custody wallets, the latest crypto-market pullback led by Ethereum and Dogecoin, weakening Bitcoin ETF flows, and concerns that short-term traders may currently be providing more market support than long-term institutional buyers.

Finally, institutional trading platform LMAX is exploring a potential sale, stock-market listing or SPAC transaction that could value the company at as much as $5 billion —another major sign that regulated crypto infrastructure is becoming increasingly valuable to traditional finance.

Covered in this episode:

CLARITY Act faces a critical Senate vote

Republicans search for seven Democratic votes

Trump crypto ethics restrictions divide lawmakers