Bitcoin, ether surge as Trump urges Congress to pass crypto Clarity Act
Bitcoin and ether surged after U.S. President Donald Trump urged Congress to pass a bill that would set a regulatory framework for the cryptocurrency ...
Last updated: 2026-08-20 12:59:54 ET
Pulse AI Brief
Updated Aug 20, 2026 11:03 AM ET
Bitcoin and ether jumped sharply after President Trump urged Congress to pass the Clarity Act, a bill designed to establish a regulatory framework for digital assets. The move comes as crypto executives coordinate with the administration to advance the legislation, with Bitcoin trading at its highest levels since early June.
Bitcoin surged 11% in two days on the regulatory clarity signal. BitGo Korea's successful VASP registration also signals institutional adoption momentum, with custody infrastructure now solidifying ahead of potential U.S. regulatory codification.
A Clarity Act passage would legitimize crypto as an asset class and reduce regulatory arbitrage that has pushed institutional capital offshore. This represents a structural shift in how Washington treats digital assets—from prohibition to framework.
Bitcoin and ether surged after U.S. President Donald Trump urged Congress to pass a bill that would set a regulatory framework for the cryptocurrency ...
Gallego said the White House has not provided point-by-point feedback on a bipartisan ethics proposal as a September vote approaches.
Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.�...
The SEC just gave up on the Clarity Act
“Crypto mom” Hester Peirce praised the SEC’s proposed crypto regime, published days after the Senate failed to pass the CLARITY Act, the US’ f...
The introduction of the Living Wage For All Act by Senator Chris Murphy (D-CT) and congressional allies is pushing a radical economic proposal: a fede...
Turnover dropped by £73.5m, though “successful final account completions” kept profit rising, the firm’s chairman said. The post OHOB profit gr...
The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts”...
A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leadin...
On August 22, 1996, President Bill Clinton signed the Personal Responsibility and Work Opportunity Reconciliation Act, fulfilling his promise to “e...
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE