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Trump Urges Congress to Pass CLARITY Act to Keep US Ahead in Crypto

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Summary

  • President Donald Trump urged Congress to pass the CLARITY Act.
  • Trump said the CLARITY Act would help the US stay ahead of China and other countries.
  • Trump emphasized that he is working to ensure the US maintains its leadership in Bitcoin and digital assets.

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President Donald Trump urged Congress to pass the CLARITY Act, a digital-asset market structure bill.

At a White House technology industry event on August 19, Trump said Congress "must pass the CLARITY Act," Yahoo Finance reported. He called it "a very strong and systematic bill" that would help the US stay ahead of China and every other country.

Trump also emphasized that he is working to ensure the US maintains its leadership in Bitcoin and digital assets.

Photo: Shutterstock
Photo: Shutterstock
#Crypto Regulation

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