Mr.

🚨NEW: President Trump says his administration is building a “future-proof” digital asset market structure that can’t be undone by “crypto haters.” This marks the first time the president has publicly weighed in on crypto market structure since March.

The “Anti-Crypto Army” was defeated… by the courts… by the voters. And by Trump. It never made policy, legal or political sense. Combatting financial innovation only helped protect those that wanted to keep an old, often broken, system in place.

BREAKING: America's largest bank JPMorgan is trying to kill the most important crypto bill in US history. The CLARITY Act is the first comprehensive legal framework for digital assets ever written in the United States. It would end regulation by enforcement, define which crypto assets are securities and which are commodities, split oversight between the SEC and CFTC, and create the legal framework for stablecoins and institutional participation at scale. The bill passed the House in July 2025 with massive bipartisan support: 294 to 134. It then moved to the Senate where it got stuck for months over one specific fight, whether crypto platforms should be allowed to pay rewards on stablecoins. Banks fought this aggressively because if users can earn rewards on stablecoins sitting on Coinbase, they have less reason to keep money in a bank. Banks claimed this would reduce deposits available for consumer loans by as much as 20%. Senators Tillis and Alsobrooks published a compromise. Crypto platforms cannot offer passive yield but can offer rewards tied to real activity: transactions, network participation, actual usage. Banks still rejected it and promised to increase their opposition. JPMorgan then went public. Dimon called out Coinbase CEO Brian Armstrong directly by name. "No one is going to bow down to this guy or that company. They need to follow the same rules. It should be fair and equal. Period." On May 14, the Senate Banking Committee advanced the CLARITY Act 15-9 with all 13 Republicans joined by two Democrats. It now moves to the full Senate floor where it needs 60 votes. JPMorgan lost the first battle. They are still fighting to kill it before it reaches the Senate floor.

🚨NEW: JPMorgan CEO Jamie Dimon took aim at the Senate's crypto market structure bill today, arguing it "doesn't do anything for AML/BSA" and provides "almost no legal protections." When asked for comment, a spokesperson for @SenLummis told me: "The banks can’t deal with a bipartisan compromise on stablecoin yield and are making completely false claims about BSA/AML as a last ditch attempt to poke holes in a solid piece of legislation that protects consumers. Fear of competition always brings out an interesting side of people and that’s all this is.”

JUST IN: 🇺🇸 SEC Chair Paul Atkins says he's confident Congress will advance the Clarity Act and President Trump will sign it into law ✍️

US House Pushes Landmark CLARITY Act Toward Finish Line The House Financial Services Committee is urging lawmakers to finalize the CLARITY Act after House approval. Officials said the legislation would give innovators clearer regulatory guidance while strengthening market protections. The committee framed the bill as a key step in maintaining America’s leadership in digital asset innovation.

CFTC guidance advances Bitcoin capital markets: 24/7 trading, BTC collateral, perpetual futures, options, and regulated access. Good for $BTC holders, powers the $MSTR engine, and supports the rise of $STRC as Bitcoin-backed Digital Credit.

Big day for our US-based traders, and for Coinbase. Until now, US users have been locked out of ~80% of global crypto markets (perpetual futures and options). But not anymore! Coinbase is the first and only regulated platform able to connect US users to global crypto options and perpetual futures (including Deribit options with >$31B in OI). Thanks to Chairman Selig and @CFTC for making this possible.

The next window for digital asset legislation after this Congress is likely 2030. Until then, developers remain exposed with no legal protections, and law enforcement remains without the tools to hold bad actors accountable. The Clarity Act solves both.

Friday. What are you cooking this weekend? 🌹

JUST NOW: Treasury Secretary Scott Bessent just slammed the door on CBDCs.👏 Treasury Secretary confirmed the Trump administration will not allow a U.S. central bank digital currency — calling a full stop to government-controlled programmable money.🙅‍♂️ Now the focus shifts to the CLARITY Act. The bill already cleared the House and advanced through the Senate Banking Committee. If passed, the U.S. could cement its position as the global leader in digital assets for the next generation. As Treasury Secretary put it: “The most important thing we can do is bring digital assets into the United States.” (minimal AI visuals (e.g., flags, animations); rest fact-based coverage)

The House passed the CLARITY Act because America cannot afford to lead the world in innovation while lagging behind in rules. It delivers clear market structure, stronger consumer protections, and certainty for innovators — all while keeping jobs and investment here at home. Now it’s time to finish the job.

The Clarity Act ensures America remains in the driver’s seat of financial innovation. I’m proud of Senate Banking Committee Members for working together to advance this bill.

For too long, the SEC was at odds with new technology and innovation, pushing entrepreneurs offshore. That era is over. Under President Trump’s leadership, and alongside colleagues across the Admin and Congress, we are delivering much needed clarity to digital asset markets.

Crypto without privacy is not crypto at all ✊

Without the Clarity Act, if a digital asset exchange goes bankrupt, customers have no guaranteed right to their own assets. They join a creditor line w/ other Wall Street firms and expensive lawyers and hope for the best. This is a consumer protection failure Congress must fix.

"MEV" ⎸ Maximal Extractable Value The invisible tax baked into public blockchains. Bots monitor the mempool, reorder transactions for profit, and extract value before your trade lands. Front-running, sandwich attacks, and liquidation races - all automated, all at the user's expense.

Gary Gensler and the “Anti-Crypto Army” nearly DESTROYED the American Crypto Industry by driving Bitcoin, Crypto Perpetuals, and INNOVATION offshore, but “TRUMP” SAVED IT. America is now the CRYPTO CAPITAL of the WORLD, and Builders and Entrepreneurs are coming BACK to the United States where they belong. Under my Leadership, we will codify a FUTURE-PROOF Digital Asset Market Structure that cannot be undone by the Crypto Haters. The new Frontier of Finance is being Built in America, and “TRUMP” will NEVER let Crypto down! President DONALD J. TRUMP ( TruthSocial: May 27 2026, 6:42 PM ET )​​​‍​​‌‍​​‌‍​​​​​​​‌‍​​​​​​​‌‍​​​​​‌‍​​​​​​​​​‌‍​​​​​​​​​​‌‍​​​​​​‌‍​‌‍​​​​​​‌‍​‌‍​​​​​​‌‍​​​​​‌‍​​​​​​​​​​‌‍​​​​​​​​‌‍​​​​​​​‌‍​​‌‍

The Decentralized Treasury for Mina Protocol is moving from proposal to implementation. A working MVP, two independent audits, and regulatory clearance. Read more from @MinaFoundation here 👇

I so enjoyed having @USFWS Director (and my Wyoming constituent) Brian Nesvik join me on the Happy Trails Podcast to talk all things ESA reform. Listen in for a real conversation on why we have to move the ball forward on this issue. youtube.com/watch?v=K8k8Gd…