Summary
- U.S. President Donald Trump said he reportedly held a private meeting with the Coinbase CEO ahead of urging passage of the digital-asset (cryptocurrency) market structure bill, the CLARITY Act.
- Trump said he met with Coinbase CEO Brian Armstrong a few hours before issuing a statement calling for the market structure bill’s passage.
- The CLARITY Act is known as legislation aimed at overhauling the regulatory framework for digital assets and clarifying the jurisdictional authority of the SEC and the CFTC.
Forecast Trend Report by Period
U.S. President Donald Trump reportedly held a private meeting with Coinbase Chief Executive Officer (CEO) ahead of urging passage of the digital-asset (cryptocurrency) market structure bill, the CLARITY Act.
According to Politico on the 4th (local time), President Trump met with Coinbase CEO Brian Armstrong a few hours before issuing a statement calling for the bill’s passage.
The meeting was held behind closed doors, and specific details of the discussions were not disclosed.
The CLARITY Act is known as legislation aimed at overhauling the regulatory framework for digital-asset markets and clarifying the jurisdictional authority of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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