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President Donald Trump Pushes to Codify U.S. Crypto Rules Through CLARITY Act

President Donald Trump Pushes to Codify U.S. Crypto Rules Through CLARITY Act

President Donald Trump said in a May 28 Truth Social post that he wants permanent crypto market structure legislation, while the CLARITY Act faces delays amid Democratic opposition and is viewed as unlikely to pass before the August recess.

Fact Check
Multiple independent sources confirm both claim elements. Cryptopolitan's 'Trump Vows to Future-Proof U.S. Crypto Rules' and CoinPost both report on a May 28, 2026 Truth Social post in which Trump pushed for codifying crypto market structure legislation that 'cannot be undone' by future administrations. The NewsTongue X post quotes the same language directly. Regarding delays: Cryptopolitan's 'Can the CLARITY Act still pass before August recess?' details Democratic opposition (ethics provisions, stablecoin yields, AML, DeFi protections), a 60-vote hurdle, and Polymarket odds dropping to 54%; CoinPost similarly cites TD Cowen's view that August-recess passage is clouded. Both elements of the claim are well-supported.
Summary

President Donald Trump said in a May 28 Truth Social post that he wants a permanent, “future-proof” legal framework for cryptocurrency in the United States and argued that crypto policy should be written into law rather than left vulnerable to changes by regulators. He criticized former SEC Chair Gary Gensler and said prior regulatory hostility pushed crypto activity offshore. The CLARITY Act remains the main bill tied to that effort, as it would help determine when digital tokens are regulated by the SEC as securities or by the CFTC as commodities and would set compliance standards for crypto companies. The new report adds that the measure is seen as unlikely to pass before the August recess because of Democratic opposition.

Terms & Concepts
  • CLARITY Act: A U.S. crypto market structure bill that would define whether certain digital tokens fall under securities or commodities rules and set compliance standards for crypto companies.
  • SEC: The U.S. Securities and Exchange Commission, the federal regulator that oversees securities markets and investor protections.
  • CFTC: The U.S. Commodity Futures Trading Commission, the federal regulator that oversees commodities and derivatives markets, including areas of crypto designated as commodities.