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Bitcoin, crypto shares climb after Trump pushes Clarity Act.
crypto :: 3hrs ago :: source - reuters
By Pritam Biswas and Arasu Kannagi Basil
Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic
(Reuters) - Cryptocurrency and blockchain-related stocks surged in premarket trading on Thursday after U.S. President Donald Trump urged Congress to pass legislation establishing clear rules for the digital asset sector, following a White House meeting with industry executives.
Trump, a vocal cryptocurrency advocate who has promised to make the U.S. the "crypto capital of the world," called on lawmakers to pass a "fair version of the Clarity Act," an industry-backed bill stalled in the Senate.
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