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Trump urges Congress to pass the Clarity Act at a White House event with execs including the CEOs of Coinbase and Robinhood; the bill has stalled in the Senate (Bloomberg)

President Donald Trump pressed Congress to pass digital asset market structure legislation that is a top priority for the industry …

President Donald Trump urged Congress to pass the Clarity Act at a White House event. The bill, which concerns digital asset market structure, is a priority for the industry. According to Bloomberg, executives including the CEOs of Coinbase and Robinhood attended the event.

The Clarity Act has stalled in the Senate. No further details on the bill's status or its contents were provided in the reports.

There was no additional information on the Clarity Act or Trump's comments on it beyond what Bloomberg reported. Other news from the White House included Trump showcasing a new helicopter landing pad, but this was not related to the Clarity Act or the event with industry executives.

Brief written by urgent.news from Techmeme, New Straits Times, The Hill — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.

Read the original at bloomberg.com →

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