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Trump Urges Congress to Pass Clarity Act at White House Crypto Summit

Trump Urges Congress to Pass Clarity Act at White House Crypto Summit
At a White House crypto event, President Donald Trump called on Congress to advance the Clarity Act, a legislative measure aimed at providing regulatory clarity for digital assets. The move signals a continued push by the administration to establish a clear legal framework for cryptocurrencies, potentially boosting market confidence. Industry stakeholders view the Clarity Act as a critical step toward defining jurisdictional boundaries between the SEC and CFTC, which could reduce compliance burdens for crypto firms and foster innovation in the U.S. digital asset market.
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