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AAVE $116.59 +11.09%
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XLM $0.1733 +8.46%
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U.S. Senator warns that the CLARITY Act should be passed as soon as possible, or the regulatory window may close until 2030

U.S. Senator Cynthia Lummis stated that the United States should not continue to delay the legislative process of the CLARITY Act, or it may take nearly four years to push for improvements in the regulatory framework for the cryptocurrency industry again.She posted on social media platform X, saying, "This is our last chance to pass the CLARITY Act before at least 2030," and emphasized that "we cannot let the future of American finance be put at risk." The bill aims to provide a clearer regulatory structure for the cryptocurrency industry, clarifying the responsibilities of regulatory agencies to promote industry innovation and market development. With the U.S. midterm elections approaching, there are concerns that congressional priorities may shift, slowing down the legislative process.Former White House AI and cryptocurrency affairs head David Sacks also expressed support for advancing the bill as soon as possible, stating, "Now is the time for action," and anticipated that the relevant market structure legislation would ultimately be signed into law by the president. In the industry, several individuals, including Coinbase CEO Brian Armstrong, have recently called for an expedited legislative process, believing that clear rules will promote innovation and increase market participation. On the regulatory side, SEC Chairman Paul Atkins also expressed support for advancing comprehensive market structure legislation to avoid ongoing regulatory uncertainty affecting industry development.

Trump informed his aides that he hopes to end the war in Iran as soon as possible

According to The Wall Street Journal, U.S. President Trump recently told his aides that he wants to avoid a protracted war in Iran and hopes to end the conflict in the coming weeks. The problem is that Trump does not have a simple way to end the war, and peace negotiations are still in the early stages. In discussions with external political allies, his attention sometimes shifts to other topics, including the upcoming midterm elections and his decision to send immigration officials to airports and push Congress to pass legislation tightening voter eligibility requirements.A knowledgeable source revealed that Trump had told a colleague that the war was distracting him and preventing him from focusing on other priorities. Another person who recently spoke with Trump indicated that the president seems ready to shift his attention to the next major challenge, but Trump did not disclose what that might be.Some allies hope he will shift his focus to the Cuba issue, while his close advisers want him to concentrate on the issues that voters care about most: the cost of living, which has been exacerbated by the war. White House Press Secretary Levitt stated, "President Trump is very good at multitasking and can handle multiple challenges at once. The president is fully committed to achieving military objectives against Iran. The president's sole goal has always been victory."
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