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Asian Crypto Stocks Rebound with Bitcoin as Trump Urges Clarity Act Passage

Guavy AI Editorial Team
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BTC
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Asian crypto-linked stocks surged on Friday as Bitcoin rebounded sharply to its highest level since late May, reaching $75,591.6.

The rally was fueled by renewed optimism over U.S. crypto regulation after Trump's call for Congress to pass a 'fair version' of the Clarity Act.

The policy change is expected to establish clearer regulatory definitions and determine oversight roles between the Securities and Exchange Commission and Commodity Futures Trading Commission.

Metaplanet Inc., a Japanese bitcoin treasury firm holding about 43,000 BTC, surged more than 20% to hit three-month highs.

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