In brief

• In a packed week, Trump hosted crypto executives at the White House and pressed Congress to pass a “fair version” of the Clarity Act—a nod to disputed ethics provisions he says single him out.
• At the CFTC’s inaugural Innovation Advisory Committee meeting, Chairman Mike Selig framed the bill as protection against “another Gary Gensler” but warned that if Clarity stalls over “Democratic obstruction,” the agency will use existing authorities to build its own crypto regime, having already directed staff to explore rules.
• The SEC formally proposed Regulation Crypto Assets—allowing certain offerings up to $5 million over four years or $75 million annually without full registration, plus a conditional safe harbor.