Other developments
Atkins speech is in line with US President Donald Trump’s agenda for the nation to become the “crypto capital of the planet.”
Presently, the CLARITY Act, which is meant to provide comprehensive regulations for the cryptocurrency industry, remains stalled in the Senate Banking Committee. Since July 2025, the latter is still debating how to counter stablecoin yields and the rising crypto threat to the banking system.
Trump had also declared that he would not sign any other bill until Congress passed the Save America Act, which requires proof of ID to vote in the US.
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