President Trump reportedly optimistic about Clarity Act progress in Oval Office meeting

https://iq.wiki/wiki/clarity-act In a recent Oval Office meeting, President Trump reportedly expressed confidence in advancing the Clarity Act, according to a source familiar with the discussions. The meeting, which included crypto and finance executives, focused on addressing remaining issues and identifying key senators to engage as Congress prepares to reconvene. Chainlink co-founder Sergey Nazarov noted that the conversation also touched on Trump’s strategic bitcoin reserve, though no specific next steps were outlined. Market participants appear to interpret these developments as supportive of the Clarity Act’s eventual passage. The Clarity Act, a significant piece of legislation for U.S. crypto markets, aims to assign oversight of digital commodities to the Commodity Futures Trading Commission (CFTC), while maintaining some authority for the Securities and Exchange Commission (SEC) over specific crypto transactions. The bill has already cleared the House and is currently under Senate consideration, with a cloture motion filed earlier this month. Observers have noted that the Act is part of a broader digital asset framework initiated by Trump’s executive order in March 2025. Fo...