. Need to translate each paragraph.
First paragraph: "Two Democratic senators on Tuesday branded the CLARITY Act a legislative cover for what they called President Trump's crypto corruption scheme, hours after the president's latest financial disclosures revealed roughly $1.4 billion in crypto earnings. Senators Chris Murphy and Jeff Merkley held a press conference on July 14, 2026, to argue that the bill — which they say would weaken oversight of digital assets — is designed to protect Trump's personal crypto holdings rather than promote innovation."
Translation: "Dua senator Demokrat pada hari Selasa melabelkan Akta CLARITY sebagai tuduhan perundangan untuk apa yang mereka panggil skim rasuah kripto Presiden Trump, beberapa jam selepas pendedahan kewangan terbaru presiden mendedahkan kira-kira $1.4 bilion dalam pendapatan kripto. Senator Chris Murphy dan Jeff Merkley mengadakan sidang akhbar pada 14 Julai 2026 untuk berhujah bahawa rang undang-undang itu — yang mereka kata akan melemahkan pengawasan aset digital — direka untuk melindungi pegangan kripto peribadi Trump daripada mempromosikan inovasi."
Note: "branded" -> "melabelkan" (labelled). "legislative cover" -> "tuduhan perundangan"? Actually "cover" might be "penutup" but "tuduhan" means accusation. Better: "penutup perundangan" or "alasan perundangan". I'll use "penutup perundangan" to keep the metaphor. "crypto corruption scheme" -> "skim rasuah kripto". "roughly" -> "kira-kira". "holdings" -> "pegangan". "rather than" -> "daripada".
Second paragraph: "Murphy and Merkley stood together on Capitol Hill to lay out their case. The CLARITY Act, they argued, would roll back key transparency requirements for crypto transactions and limit the SEC's ability to police fraud. The senators described the bill as a direct response to Trump's financial interests, not a good-faith attempt to regulate the industry. They did not offer specific evidence linking the bill's drafting to the president's portfolio, but they pointed to the timing: the CLARITY Act was introduced just weeks after Trump's disclosure showed he held a significant crypto position."
Translation: "Murphy dan Merkley berdiri bersama di Capitol Hill untuk mengemukakan hujah mereka. Akta CLARITY, kata mereka, akan mengundurkan keperluan ketelusan utama untuk transaksi kripto dan mengehadkan keupayaan SEC untuk membanteras penipuan. Para senator menggambarkan rang undang-undang itu sebagai tindak balas langsung kepada kepentingan kewangan Trump, bukan percubaan suci hati untuk mengawal selia industri. Mereka tidak menawarkan bukti khusus yang mengaitkan penggubalan rang undang-undang itu dengan portfolio presiden, tetapi mereka menunjukkan masa: Akta CLARITY diperkenalkan hanya beberapa minggu selepas pendedahan Trump menunjukkan beliau memegang kedudukan kripto yang ketara."
"lay out their case" -> "mengemukakan hujah mereka". "roll back" -> "mengundurkan" (or "memansuhkan" but roll back means reduce). "key transparency requirements" -> "keperluan ketelusan utama". "police fraud" -> "membanteras penipuan". "good-faith attempt" -> "percubaan suci hati". "drafting" -> "penggubalan". "significant crypto position" -> "kedudukan kripto yang ketara".
Third paragraph: "The president's latest financial filing, released Monday, showed approximately $1.4 billion in crypto earnings. That figure dwarfs his reported income from other sources and makes him one of the largest individual crypto holders in the country. The disclosure covers the period through early 2026 and includes holdings in several major tokens, though the exact breakdown was not made public. The size of the position has drawn scrutiny from ethics watchdogs and now from lawmakers who question whether Trump's policy agenda is being shaped by his personal portfolio."
Translation: "Filing kewangan terbaru presiden, yang dikeluarkan pada hari Isnin, menunjukkan kira-kira $1.4 bilion dalam pendapatan kripto. Angka itu mengatasi pendapatan yang dilaporkan daripada sumber lain dan menjadikannya salah seorang pemegang kripto individu terbesar di negara ini. Pendedahan itu meliputi tempoh sehingga awal 2026 dan termasuk pegangan dalam beberapa token utama, walaupun pecahan tepat tidak didedahkan kepada umum. Saiz kedudukan itu telah menarik perhatian daripada pengawas etika dan kini daripada penggubal undang-undang yang mempersoalkan sama ada agenda dasar Trump dibentuk oleh portfolio peribadinya."
"dwarfs" -> "mengatasi" (or "mengecilkan" but here means surpass). "largest individual crypto holders" -> "pemegang kripto individu terbesar". "tokens" -> "token" (keep as is). "exact breakdown" -> "pecahan tepat". "drawn scrutiny" -> "menarik perhatian" (or "menimbulkan penelitian"). "ethics watchdogs" -> "pengawas etika". "lawmakers" -> "penggubal undang-undang". "being shaped by" -> "dibentuk oleh".
Fourth paragraph: "The CLARITY Act — short for the Crypto Legal and Regulatory Integrity for Transparent Yield Act — has been pitched by its Republican sponsors as a way to provide legal certainty for digital asset markets. Critics, including Murphy and Merkley, say the bill would gut investor protections by exempting many crypto projects from securities laws and limiting the SEC's enforcement authority. The senators' press conference marks the first coordinated Democratic attack on the bill since it was introduced last month."
Translation: "Akta CLARITY — singkatan untuk Akta Integriti Perundangan dan Peraturan Kripto untuk Hasil Telus — telah diketengahkan oleh penaja Republikan sebagai cara untuk memberikan kepastian undang-undang untuk pasaran aset digital. Pengkritik, termasuk Murphy dan Merkley, mengatakan rang undang-undang itu akan menghapuskan perlindungan pelabur dengan mengecualikan banyak projek kripto daripada undang-undang sekuriti dan mengehadkan kuasa penguatkuasaan SEC. Sidang akhbar para senator menandakan serangan Demokratik pertama yang diselaraskan terhadap rang undang-undang itu sejak ia diperkenalkan bulan lalu."
"short for" -> "singkatan untuk". "Crypto Legal and Regulatory Integrity for Transparent Yield Act" - need to translate the full name. "Integriti Perundangan dan Peraturan Kripto untuk Hasil Telus" - "Hasil Telus" for Transparent Yield. "pitched" -> "diketengahkan". "gut investor protections" -> "menghapuskan perlindungan pelabur" (gut means destroy). "exempting" -> "mengecualikan". "securities laws" -> "undang-undang sekuriti". "enforcement authority" -> "kuasa penguatkuasaan". "coordinated Democratic attack" -> "serangan Demokratik yang diselaraskan".
Fifth paragraph: "The timing isn't great for the White House. The CLARITY Act is scheduled for a markup in the Senate Banking Committee next week, and Tuesday's press conference gives Democrats a
