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Trump Said Optimistic on CLARITY Act as White House Meeting Weighs Strategic Bitcoin Reserve
JH Kim
Summary
- President Donald Trump was reported to have expressed optimism about passage of the CLARITY Act.
- Sergey Nazarov said participants discussed the remaining issues surrounding passage of the CLARITY Act, the senators whose support is still needed, and plans to advance the bill after Congress returns from recess.
- The White House meeting included discussion of a U.S. strategic Bitcoin (BTC) reserve, but no specific next steps or additional purchase plans were discussed, according to the report.
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President Donald Trump expressed optimism about passage of the CLARITY Act during a private White House meeting with cryptocurrency and financial industry executives, The Block reported.
Chainlink co-founder Sergey Nazarov told the crypto news outlet on Aug. 20 that attendees discussed unresolved issues surrounding the bill, the senators whose backing is still needed, and plans to push it forward after Congress returns from recess.
The meeting also included discussion of a U.S. strategic Bitcoin reserve. No specific follow-up steps or additional purchase plans were discussed, the report said.
JH Kim
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