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Trump Urges Senate to Pass Crypto Clarity Act Amid Warning of Chinese Dominance

Guavy AI Editorial Team Published August 7, 2026

U.S. President Donald Trump has urged the Senate to pass the Crypto Clarity Act, highlighting the importance of cryptocurrency in the global market.

In a statement, Trump emphasized that 'crypto is very important' and warned that if the U.S. does not have it, China will.

The Senate's decision on the Crypto Clarity Act could have significant implications for the cryptocurrency industry as a whole.

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