Trump reiterates support for the CLARITY Act during Senate crypto regulation delay Gate News reports, April 27 — Donald Trump reaffirmed his support for the CLARITY Act at a private gathering at Mar-a-Lago on April 27, stating he would not allow banks to obstruct crypto legislation. The event also hosted a large number of influential meme coin holders associated with Trump, $TRUMP highlighting the political backing for the bill, despite slow progress in the Senate. The CLARITY Act was passed by the House in 2025 with strong bipartisan support, aiming to define the regulatory approach for digital assets in the U.S. and splitting regulatory responsibilities between agencies: some assets would be subject to securities rules, while others would be classified as commodities. However, the Senate's advancement of the bill remains slow, with lawmakers still debating key issues, including stablecoin regulations and the oversight of decentralized finance (DeFi) systems. Over 100 crypto companies are actively pushing for the bill's passage. Time is becoming critical. If the Senate cannot act quickly, the bill may be delayed until election season, potentially postponing crypto regulation by several years. The narrow window for action underscores the gap between political support and legislative progress on this issue. #WCTC交易王PK

TRUMP-5.24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin