Trump Urges Congress to Pass the Clarity Act
Trump pressed Congress to pass the Digital Asset Market Clarity Act as the Securities and Exchange Commission and Treasury Department advanced new crypto rules this week.
- On Wednesday, President Donald Trump hosted crypto industry leaders at the White House, urging Congress to pass the Digital Asset Market Clarity Act to keep the United States ahead of China.
- The legislation remains stalled in the Senate amid ongoing debates regarding ethics limits, as lawmakers demand restrictions on political officials profiting from crypto ventures, though Trump claims his personal business ties are independently managed.
- Coinbase CEO Brian Armstrong, SEC Chairman Paul Atkins, and Commodity Futures Trading Commission Chair Mike Selig attended the event. Atkins said the agency's crypto proposal relies on legal permanence the Clarity Act would provide.
- Armstrong speculated the legislation could secure the 60 votes required for Senate passage once the chamber addresses a cloture motion on Sept. 15, as the industry faces a tight calendar before November elections.
- Without legislative action, regulations remain vulnerable to court challenges and shifting political climates, executives argue. The sector seeks the Clarity Act to ensure long-term legal certainty for entrepreneurs raising capital in the United States.
63 Articles
63 Articles
Trump presses Congress to pass stalled CLARITY Act on crypto
By Rajwa Quasim At a White House event with top industry executives on Wednesday, President Donald Trump urged Congress to pass the long-stalled CLARITY Act, saying it would bring clearer definitions and rules to the growing cryptocurrency sector. The CLARITY Act, which remains stalled in Congress, would establish rules for determining which tokens qualify as securities or commodities and which agencies would oversee the sector. Lawmakers now ha…
Trump pushes Congress to the Clarity Act. The law is supposed to strengthen Krypto – but his own business is exacerbating the dispute over ethics rules. An analysis.
‘America must stay ahead of China…’: Trump calls on Congress to pass crypto Clarity Act
US President Donald Trump urged Congress to pass digital asset market structure legislation during a White House meeting with cryptocurrency executives on Wednesday, August 19. Trump called the Clarity Act a critical step for maintaining the United States' leadership in emerging technologies and warned that America must stay ahead of China and other global competitors.
Crypto Markets Rally As Trump Presses Congress On Regulation
Bitcoin and other major cryptocurrencies surged after President Donald Trump urged Congress to advance the crypto Clarity Act, according to the report. Bitcoin climbed about 5.2% to roughly $71,880, while ether gained more than 9% to around $2,289. The rally was supported by both political and economic factors. Trump also signaled possible regulatory attention toward Hyperliquid, a decentralized trading platform whose token jumped about 25% over…
Trump Presses Congress to Pass a 'Fair Version' of the Clarity Act at White House Crypto Meeting
President Donald Trump called on Congress to pass the Digital Asset Market Clarity Act at a White House event Wednesday with crypto and technology executives, saying lawmakers needed to “take the next step” on crypto market structure. He asked specifically for a “fair version” of the bill, a phrase that points directly at the language fight keeping it stalled in the Senate. Trump cast the legislation as a competitive weapon, saying it would keep…
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