PoliticsHindustan Times
Trump urges Senate to pass crypto Clarity Act
in5points
President Trump urged the Senate to pass the Clarity Act, a cryptocurrency regulation bill, in honor of the late Senator Lindsey Graham.
The Clarity Act would create broad federal rules for regulating cryptocurrency.
Graham died at 71 from an aortic dissection; he was not directly involved in writing the bill and did not serve on the Senate Banking Committee.
The bill faces opposition over ethics rules and Trump's crypto ties.
Trump warned that China is competing to lead in cryptocurrency and AI, saying 'Don't let China win on either subject.'
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