Bitcoin surges 11% in two days as Trump, crypto execs lead last ditch effort for Clarity Act
CNBC·2026-08-20 21:06
Trump's call for a "fair version" reflects the sticking point with Democrats, who have pushed for tougher ethics rules that would prevent the president and other public officials from personally profiting from crypto, while Republicans have resisted provisions they view as overly targeted or restrictive. Bitcoin is trading at its highest levels since June thanks largely to a last-ditch push from the White House and crypto industry leaders to get the Clarity Act across the finish line in the coming weeks. Th ...