News Summary

• Trump hosted White House cryptocurrency summit alongside CFTC Chairman Michael Selig and SEC Chairman Paul Atkins.
• He added that the u.s. is currently the "hottest country" in the world and urged Congress to take the next step by passing the CLARITY Act.
• Trump's support for the Clarity Act indicates a desire for regulatory clarity in the crypto space, which could potentially boost innovation and investment in the sector.
• The remaining sticking point is an ethics provision tied to the Trump family's cryptocurrency interests.