Trump Crypto News: President Calls out Senate for Leaving CLARITY Act in Limbo

In Trump crypto news, the President called on Congress to pass a “fair version” of the CLARITY Act at a White House event attended by Securities and Exchange Commission (SEC) Chair Paul Atkins and Commodity Futures Trading Commission (CFTC) Chair Mike Selig, according to Reuters. The bill, which would split digital-asset oversight between the two agencies and define when a token is a security versus a commodity, remains stalled in the Senate. This is not simply a bill stuck in procedural limbo. It is a jurisdictional vacuum that the SEC and CFTC are now filling on their own authority, producing rules the industry wants but that carry none of the durability a statute would provide. This outburst from Trump came as the crypto market surged +10% overnight, with Bitcoin hitting $71,800 and Ethereum surging +19% to $2,300 following a bullish meeting between the US President and crypto industry leaders. Trump Crypto News: Why the Senate Bottleneck Matters JUST IN: Trump URGES Congress to pass the Clarity Act. "Will keep us ahead of China, ahead of everyone else." pic.twitter.com/yd80gsEqlX — Bitcoin Archive (@BitcoinArchive) August 19, 2026 The crypto industry has spent hundreds of milli...