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Trump Clears Crypto-Friendly Policies, Bitcoin Reserve Strategy Expected in Weeks

GateNews

2026-05-20 06:01:32

BTC0.51%

According to Odaily, the Trump administration cleared the CLARITY Act through the Senate Banking Committee last week and signaled plans to announce a U.S. Bitcoin strategic reserve in coming weeks. Today, President Trump signed additional crypto-friendly executive orders, while the SEC is reportedly preparing an innovation exemption for tokenized stocks.

Digital assets adviser Patrick Witt confirmed the Bitcoin reserve announcement timeline. The policy push comes amid mid-term election pressure, as the administration seeks to attract younger voters and solidify its position on crypto innovation leadership.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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