Trump Ends 'War on Crypto', Pushes Clarity Act Through Congress

President Donald Trump recently hosted executives from major crypto companies at the White House to discuss regulatory clarity in the digital asset space. The meeting marked a significant shift in the administration's stance on cryptocurrencies, with Trump declaring that the 'war on crypto' is over and urging Congress to move forward with the Clarity Act.

The Clarity Act aims to remove securities-regulator oversight from most crypto trading and give clearer authority to market regulators. This change has been sought by crypto firms for months, who argue it would bring long-awaited rules to digital assets.

Executives from Coinbase, Gemini, Robinhood, and Ripple attended the meeting alongside prediction-market firms and Securities and Exchange Commission Chair Paul Atkins. Trump framed the administration's position as an end to the prior regulatory approach toward digital assets, positioning the United States to lead the sector.