Browsing: House

Donald Trump called on Congress to pass historic cryptocurrency legislation during a White House crypto meeting on August 19.

The White House’s top cryptocurrency adviser said on Aug. 18 that he expects the CLARITY Act to clear a key Senate procedural vote next month, even as two separate disputes over stablecoin rewards and presidential ethics language remain unresolved. Patrick Witt made the remarks at the SALT conference in Wyoming, where senators and crypto policy…

White House crypto adviser Patrick Witt said he remains “optimistic and bullish” on the CLARITY Act ahead of a planned September vote, even as disagreements over stablecoin rewards and President Donald Trump’s cryptocurrency-related conflicts of interest threaten to complicate negotiations.

President Donald Trump is helping draft cryptocurrency regulations while financial disclosures show he and his family have profited significantly from the industry.

D.C.—The following is a statement fromVirginia Canter, chief counsel and director of ethics and anti-corruption at Democracy Defenders Fund,on the Trump administration’s tech and innovation meeting that hosted crypto company CEOs at the White House today:

Lummis said forcing senators to vote would intensify negotiations over the bill’s remaining disputes.

Add to Google Preferred Sources The White House has expressed strong confidence that the CLARITY Act, a digital asset market structure bill, will pass ahead of its first procedural vote scheduled for September 15. Patrick Witt, White House digital assets advisor, said he is working to reconcile differences with Democrats to secure a definitive outcome.…

Cointelegraph reported on Aug. 19 that the White House plans to hold a crypto summit soon. Executives from the US cryptocurrency industry are expected to attend.

Donald Trumpwill welcome the leaders of major cryptocurrency and prediction-market companies to the White House on Wednesday to discuss how they should be regulated—a potential make-or-break moment for nascent industries that have struggled to establish themselves as credible and legal.

Crypto, prediction market, and traditional finance executives will meet at the White House on Wednesday in one of the Trump administration’s highest-profile crypto meetings to date, Politico reported.