Negotiations surrounding the CLARITY Act, a proposed cryptocurrency transparency bill, have hit a snag as the White House rejected a crucial proposal for a conflict of interest clause. House Republicans and Democrats attempted to implement this provision, intending to limit senior government officials, including past President Donald Trump, from engaging in cryptocurrency ventures during their terms. This move aimed to prevent political profiteering within the crypto space. Democrats sought to curb potential profit-making by President Trump through cryptocurrency, while Republicans wished to avoid any perception of direct criticism against him. However, a compromise remains elusive. The White House and Republicans are currently working on drafting an alternative solution.