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Trump pressures U.S. Senate to pass Clarity bill, says U.S. must stay ahead of China

U.S. President Donald Trump urged the Senate to swiftly pass the Clarity bill, a cryptocurrency market structure measure, saying the United States must act to stay ahead of China. He called for a “fair version” of the bill at a White House news conference attended by crypto executives including Coinbase CEO Brian Armstrong and Gemini co-founders Cameron and Tyler Winklevoss. The bill passed the House in July 2025 but has stalled in the Senate amid concerns.