New Clarity Act Draft Blocks Trump Crypto Projects Until 2029

A newly drafted version of the Clarity Act contains a surprise restriction. The text features a provision that bars Donald Trump from participating in any cryptocurrency ventures until 2029. This specific clause has introduced significant uncertainty around the future of the legislation and how lawmakers will handle it.

Political analysts are watching closely to see how this rule affects support for the bill in Congress. Legislation of this nature requires broad backing to pass, and a direct restriction on high profile figures often shifts political alignments quickly. Prediction markets currently price the chance of the Clarity Act becoming law in 2026 at around 37 percent.

Traders and industry observers should monitor upcoming committee discussions and amendments for any changes to this restriction. If lawmakers decide to remove or soften the clause, the path forward for the bill could clear up significantly. On the other hand, keeping the ban intact might stall progress entirely.