<ul><li>House Democrats raise concerns over distraction caused by Trump's ties to crypto industry during the discussion of the Digital Asset Market Clarity Act (CLARITY).</li><li>The CLARITY Act aims to establish a clear regulatory framework for the cryptocurrency industry, including defining oversight boundaries between SEC and CFTC.</li><li>Republicans support the bill for regulatory clarity and innovation, while Democrats fear Trump's influence could politicize the regulatory process.</li><li>Despite bipartisan support for regulatory certainty, political entanglements, particularly related to Trump, could impede progress in a crucial election year.</li></ul>

Crypto Regulation Bill Faces Hurdles as Democrats Focus on Trump’s Ties to Industry

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