U.S. President Donald Trump is urging the U.S. Senate to pass the “Clarity Act” that’s aimed at regulating the cryptocurrency sector. 

Trump has called for U.S. Senators to pass the Clarity Act as a way to honor of Senator Lindsey Graham, who died suddenly over the weekend at age 71.  

Graham had been a strong supporter of the legislation and the crypto sector.

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Trump added in a social media post that the U.S. must not lose ground to China in either digital assets or artificial intelligence (A.I.). 

He claimed that the U.S. is leading in both sectors and warned that China and other countries would like to control what he called a “major financial…