Trump Pushes Clarity Act and Sizable Crypto Holdings
President Donald Trump called for the passage of the Clarity Act, a key piece of legislation that would provide clearer federal rules for crypto businesses and define regulatory responsibilities.
The meeting brought together crypto and financial-market leaders to discuss the US's competitive position in digital assets. Trump emphasized the importance of staying ahead of countries like China and highlighted his administration's efforts to promote innovation and growth.
He also hinted at a possible expansion of US crypto holdings, stating that the country is considering buying 'sizable' amounts of Bitcoin and other cryptocurrencies.