US President Donald Trump is scheduled to meet with several senators on Thursday as negotiators race to pass the CLARITY Act before the Senate’s August recess, according to Politico.
The CLARITY Act, a comprehensive cryptocurrency regulatory framework, has been a key legislative priority for the administration. The meeting signals an intensifying push to secure enough votes ahead of the recess deadline, which could delay the bill’s passage until after the summer break.
The legislation aims to establish clear regulatory guidelines for digital assets, addressing long-standing questions about which federal agencies have jurisdiction over various aspects of the crypto market.
This article was originally reported by Cointelegraph. Rewritten and published by The Coolest Info.
