President Donald Trump is urging Congress to provide the regulatory clarity needed to put the U.S. crypto market-structure debate back at the center of the policy agenda, reviving a bill that has been stalled for some time. The push came after a gathering of crypto executives and top regulators at the White House, where the discussion highlighted how much of the industry’s day-to-day uncertainty still rests on which agency gets final authority.

Trump Calls for Crypto Rules

Trump urged lawmakers to pass what he called a “fair version” of the CLARITY Act, arguing that clearer rules would strengthen the U.S. crypto industry and help the country maintain its position in digital assets.

The legislation is intended to establish guidance for classifying crypto assets under securities or commodities law, as well as determining which federal agency would be responsible for regulation.

That distinction could prove important for crypto companies by shaping how exchanges, token issuers, and other businesses operate in the United States, especially as firms continue to navigate overlapping SEC and CFTC activity without a single congressional framework.

The bill has already passed the House, but its progress in the Senate has been slowed. The remainder of the congressional calendar is also limited.

Crypto executives who appeared with Trump included Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev, and Kraken co-CEO Arjun Sethi. SEC Chairman Paul Atkins and CFTC Chairman Mike Selig were also present at the White House event.

Read More: 67 Million Americans Hold Crypto as Ripple Executive Pushes for CLARITY Act Rules

Crypto Industry Wants Rules That Last

The crypto industry says legislation would provide more durable protection than rule changes made by federal agencies.

As the SEC and CFTC continue to advance their own cryptocurrency initiatives, concerns have grown that Congress has not yet acted. Reuters reported that the SEC has proposed regulations that would make it easier for some crypto businesses to sell tokens and raise funds.

Industry participants say future administrations could reverse regulatory policies, and that significant regulation could also face legal challenges if it is not backed by a federal market-structure law. That is one reason market-structure legislation has become a focal point for both crypto firms and policymakers: it would set the baseline agencies must work within, rather than leaving the framework to shifting enforcement priorities.

$1.4B Crypto Ties Add Political Pressure

Trump’s crypto agenda faces another challenge: his family’s financial interests in the sector.

According to Reuters, Trump has earned more than $1.4 billion through the crypto activities of his family’s businesses, along with his stake in World Liberty Financial and the Trump meme coin. Trump has said he does not run the family businesses on a daily basis and that investments are managed separately.

Democrats, along with some Republicans, have called for tighter restrictions on political officials profiting from cryptocurrency-related operations before the bill is approved.

That dispute is one of the biggest obstacles to reaching a Senate compromise. For the crypto industry, the stakes are significant: without CLARITY, firms could continue relying primarily on the SEC and CFTC’s approach to rulemaking rather than a congressional framework, leaving the current regulatory uncertainty in place.

Read More: CLARITY Act Nears Senate Vote as Solana Pushes Critical Crypto Developer Protections

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