Crypto Execs Meet With Commerce Secretary Ahead of Trump Talks on Clarity Bill
Top cryptocurrency executives from major firms met privately with U.S. Commerce Secretary Howard Lutnick on Tuesday, ahead of their scheduled meeting with President Donald Trump.
The closed-door session centered on advancing the CLARITY Act and bringing digital asset companies back to the United States. The key attendees included Coinbase CEO Brian Armstrong, a16z partner Chris Dixon, Ripple CEO Brad Garlinghouse, and Kraken CEO Arjun Sethi.
The discussion focused on the importance of passing the CLARITY Act, which aims to provide regulatory clarity for digital assets by defining whether they are securities or commodities. The bill has been a priority for the crypto industry, which has long complained about unclear U.S. regulations driving innovation abroad.