Donald Trump · US Senate · CLARITY Act · Bitcoin · White House · China · Bitcoin Magazine
Trump Urges Senate to Pass Crypto’s CLARITY Act, Teases More Bitcoin Picks up
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After gathering with digital asset executives, Trump urged lawmakers to get the crypto market structure bill over the line.
Key facts
- U.S. President Donald Trump urged lawmakers to pass the Clarity Act on Wednesday, and also hinted that the government may accumulate more bitcoin
- After gathering with crypto executives at the White House, President Trump said that getting the Clarity Act over the line would keep the U.S. ahead of China
- Lawmakers were hoping to get a vote on the crypto market structure bill, or Clarity Act, in August
- He added: “Now they need Congress to take the next step by passing the Clarity Act, a fair version of the Clarity Act, and this landmark structure legislation
Summary
U.S. President Donald Trump urged lawmakers to pass the Clarity Act on Wednesday, and also hinted that the government may accumulate more bitcoin. After gathering with crypto executives at the White House, President Trump said that getting the Clarity Act over the line would keep the U.S. ahead of China. Lawmakers were hoping to get a vote on the crypto market structure bill, or Clarity Act, in August. “We’re ensuring that America remains the undisputed leader in not only Bitcoin and crypto, but also technologies like prediction markets, artificial intelligence and much more,” President Trump said.