You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. In today’s newsletter, Aaron Brogan analyzes why the Clarity Act may be falling short of industry needs. The language, that would prohibit certain federal officials, including the President, from issuing cryptocurrency tokens while in office, has long been a cornerstone of the Democratic crypto agenda. This is a tricky issue for Republicans because in order for the crypto bill to become a law, President Trump has to sign it, and historically he has liked issuing cryptocurrency tokens. Nonetheless, they reached an agreement on proposed language and sent it to their colleagues across the aisle.