Trump Agrees to Stricter Ethics Rules to Save the Clarity Act: Report | CoinDesk Daily

— President Trump agreed to approximately 80% of a stricter ethics package tied to the Clarity Act ahead of a Senate procedural vote on Tuesday.

— The ethics deal requires elected officials, their spouses, and federal judges to divest or blind-trust significant cryptocurrency holdings.

— State attorneys general will be empowered to enforce the new ethics rules under the agreement.

— Anthropic CEO Dario Amodei called for deliberately slowing the pace of AI model development, arguing capabilities are advancing faster than researchers can understand and control them.

— Sam Altman (OpenAI) and Elon Musk publicly agreed with Amodei's position that the AI race should be paced rather than accelerated.

— ByteDance secured a $29.6 billion loan from banks to fund AI infrastructure, the second-largest loan in Asia this year.

— Monitor the Senate cloture vote on Tuesday for passage of the Clarity Act, as the ethics agreement clears a significant hurdle for crypto-related regulatory clarity affecting elected officials.

— Be aware that elected officials and federal judges may be forced to divest or blind-trust crypto holdings, which could create secondary market volatility from forced sales.