White House · China · Donald Trump · CLARITY Act · US Senate · Coinbase · Cointelegraph
Trump pushes for CLARITY Act passage alongside crypto leaders
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Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.”
Key facts
- Trump has previously hosted crypto industry leaders at the White House during a summit to address regulations in March 2025 and for the signing ceremony for the GENIUS stablecoin bill in July 2025
- US President Donald Trump continued to push for passage of a crypto market structure bill as the Senate remains in recess
- Crypto company executives’ remarks to the press came one day before the Commodity Futures Trading Commission (CFTC) was scheduled to hold an Innovation Advisory Committee meeting
- Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China
Summary
US President Donald Trump continued to push for passage of a crypto market structure bill as the Senate remains in recess. In a Wednesday press conference with crypto company executives including Coinbase CEO Brian Armstrong and Gemini co-founders Cameron and Tyler Winklevoss, Trump said members of Congress should pass “a fair version” of the Digital Asset Market Clarity (CLARITY) Act to keep the US “ahead of China.” The market structure bill, passed by the House of Representatives in July 2025, has been stalled in the Senate for months amid concerns about tokenized equities, stablecoin rewards and the Trump family’s potential conflicts of interest with the crypto industry.