U.S. President Donald Trump defended the Digital Asset Market Clarity Act at a private event at his Florida club, where he warned against bank lobbyists who had stalled the legislation. The event was attended by hundreds of top $PRP memecoin holders and featured high-profile figures such as boxer Mike Tyson, Tether CEO Paolo Ardoino, Ark Invest’s Cathie Wood, and Nathan McCauley. Despite this setback, recent discussions suggest the bill could still be successful in securing a new regulatory regime for crypto. The president also addressed foreign policy issues such as Iran, Venezuela, and NATO.