News-News.Zip

News in English (USA) / 04.03.2026 / 17:00

Trump Intensifies Battle Against Banks Over Crypto Legislation

Donald Trump has ramped up his confrontation with banks as he advocates for the swift passage of the U.S. Clarity Act, a key piece of legislation that aims to reshape the crypto landscape. Following a meeting with Coinbase CEO, Trump criticized financial institutions for their attempts to undermine the interests of crypto firms in a burgeoning trillion-dollar market. He emphasized the urgent need for Congress to approve the Clarity Act, asserting that delays are allowing banks to hold the legislation hostage. As crypto prices, including Bitcoin and XRP, rise amidst these developments, Trump’s positioning aligns with leading players in the digital asset space who see the Clarity Act as vital for protecting American interests. Meanwhile, the ongoing debate over stablecoin yield remains a contentious issue, with various stakeholders calling for compromise to break the legislative gridlock that threatens to stall the industry’s growth.
Politico, CNBC, CoinDesk, The Hill, WSJ, The Block, Fast Company, TradingView, Binance, Investing.com Australia