Trump calls for ‘fair’ CLARITY Act at White House event

President Donald Trump has called on Congress to approve a “fair” version of the CLARITY Act as the crypto market structure bill approaches a 60-vote test in the Senate. Summary Trump urged Congress to make the administration’s crypto policies permanent through legislation. The CLARITY Act would divide digital asset oversight between the SEC and CFTC. Senate negotiations remain divided over ethics rules, DeFi treatment, and stablecoin rewards. The CFTC will discuss crypto, AI, and prediction markets at its first advisory committee meeting. President Donald Trump said during an Aug. 19 White House event that Congress needed to “take the next step” by passing legislation that sets federal rules for the U.S. digital asset market. Joined by executives from Coinbase, Gemini, Ripple, Chainlink Labs, and other technology companies, Trump called for a “fair version” of the Digital Asset Market Clarity Act. The request pointed to negotiations over provisions that have kept the bill from reaching a final Senate vote. “It’s a very, very powerful structured legislation which will keep us ahead of China, keep us ahead of everyone else,” Trump said. “We’ll open the door to the next wave of innov...