Trump Seeks CLARITY on Crypto Regulations Amid Blockchain Push

U.S. President Donald Trump urged Congress to pass a fair version of the CLARITY Act, emphasizing its importance in keeping the country ahead in financial innovation and development. Speaking at a White House event with finance, crypto, and technology industry leaders, Trump highlighted his administration's efforts to expand the use of digital assets and blockchain technology in U.S. financial markets.

The president also mentioned 'Project Crypto', an initiative aimed at modernizing rules to allow U.S. financial markets to move onto blockchain technology, as well as the establishment of the Strategic Bitcoin Reserve, under which Bitcoin is held as a permanent U.S. Treasury asset.

Trump pointed to the GENIUS Act as another part of his administration's digital-asset agenda, saying it had paved the way for broader adoption of dollar-backed stablecoins.