Bitcoin jumps 12% in two days after Trump revives crypto bill push
Trump called on lawmakers to pass what he described as a fair version of the Clarity Act during a Wednesday White House event with crypto executives.
Coinbase chief executive officer Brian Armstrong, Robinhood chief executive officer Vlad Tenev, Kraken co-chief executive officer Arjun Sethi, and Intercontinental Exchange chief executive officer Jeffrey Sprecher spoke alongside the president, Reuters reported.
Commodity Futures Trading Commission chair Mike Selig, Securities and Exchange Commission chair Paul Atkins, and White House crypto advisor Patrick Witt also attended.
The bill would define which tokens qualify as securities and which qualify as commodities, dividing oversight between the SEC and the CFTC, Reuters reported.
It cleared the House in July 2025 by a vote of 294 to 134 and the Senate Banking Committee 15 to 9 in May, according to a timeline published by CoinPedia, but has stalled in the Senate over ethics language that would bar public officials and their families from profiting from digital asset ventures.
