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Trump Calls for CLARITY Act Vote Amid Crypto Regulation Uncertainty

Guavy AI Editorial Team
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US President Donald Trump has urged Congress to pass the CLARITY Act, a bill that would clarify whether digital assets fall under the jurisdiction of the SEC or CFTC. Speaking at a White House meeting with crypto and financial executives, Trump described the bill as critical to maintaining US leadership in emerging technologies and called for a 'fair version' to be passed.

The CLARITY Act has stalled in the Senate amid disagreements over provisions and concerns about Trump's financial interests in crypto ventures. However, a planned Senate vote in September could determine whether the legislation goes ahead.

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