Trump Optimistic on CLARITY Act Passage, Strategic Bitcoin Reserve Discussed at White House Meeting
JH Kim
Summary
- President Donald Trump expressed optimism during a private White House meeting about passage of the CLARITY Act.
- Chainlink co-founder Sergey Nazarov said participants discussed remaining issues for passage of the CLARITY Act, support from senators, and plans to move ahead after Congress returns from recess.
- The meeting included discussion of a US strategic Bitcoin (BTC) reserve, but no specific steps or additional purchase plans were discussed.
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President Donald Trump expressed optimism about passage of the CLARITY Act during a private White House meeting with cryptocurrency and finance industry executives, according to a report.
The Block reported on Aug. 20 that Chainlink co-founder Sergey Nazarov said participants discussed the remaining issues surrounding the bill, which senators need to back, as well as plans to advance it after Congress returns from recess.
The meeting also included discussion of a US strategic Bitcoin reserve. However, no specific steps or additional purchase plans were discussed, the report said.
JH Kim
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