Trump Administration Advances Multiple Crypto Policies on May 20, Including Bitcoin Reserve Plan

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According to BlockBeats, on May 20, the Trump administration advanced multiple crypto-friendly measures. The CLARITY Act cleared the U.S. Senate Banking Committee, moving the legislation closer to enactment. Digital assets advisor Patrick Witt disclosed that a U.S. Bitcoin strategic reserve announcement is expected within weeks. Additionally, the SEC is considering a tokenized stock innovation exemption, and the administration signed a crypto-friendly executive order today.
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