Crypto Is Surging After President Trump Pushes Congress to Pass the Clarity Act. Which Cryptocurrencies Are Worth Buying Now?
Bitcoin's value has risen more than 20% in recent days.
Overview
Crypto markets are surging once again after President Trump urged Congress to pass the Digital Asset Market Clarity Act -- more commonly referred to simply as the Clarity Act -- on Aug. 20.
The Clarity Act aims to clarify federal crypto regulations by establishing a comprehensive rulebook for how crypto companies and assets will be regulated. Many industry insiders are proponents of the legislation, arguing that it will unlock growth, adoption, and innovation across the crypto space.
Details
"We need Congress to take the next step by passing the Clarity Act – a fair version of the Clarity Act," Trump stressed. "It's a very, very powerful structured legislation which will keep us ahead of China, keep us ahead of everyone else, will open the door to the next wave of innovations and innovators."
Source
Originally published at www.fool.com.