David Sacks, the Trump administration's AI and cryptocurrency chief, urged Congress to pass the CLARITY Act (Crypto Market Structure Act). He stated on X, "Last year's stablecoin regulation bill established America's leadership in the stablecoin sector. The Market Structure Act aims to provide clear regulations across all crypto assets. Now is the time for legislation, and the Senate Banking Committee and the full Senate must pass this bill expeditiously. I am confident that the bill will pass, and President Trump will ultimately sign it into law."
