Bitcoin Soars After Trump Hosts Crypto Executives At White House And Urges Passage Of Clarity Act

Bitcoin prices approached $70,000 for the first time since early June following Donald Trump hosting crypto executives and trade body officials at the White House. During the meeting, Trump urged Congress to pass the stalled CLARITY Act. Simultaneously, the SEC proposed its most favorable set of crypto rules to date. The industry leaders met with the president in Washington alongside Paul Atkins to discuss the evolving regulatory landscape and the potential impact of new legislation.