India, July 13 -- US President Donald Trump has asked the Senate to pass the Clarity Act, a major cryptocurrency regulation bill, in honor of late Senator Lindsey Graham. Trump made the appeal in a post on Truth Social on Monday. Trump wrote that passing the Clarity Act would honor Graham, whom he called "a big supporter."

In the same post, Trump warned that China and other countries want to take control of the cryptocurrency industry and artificial intelligence (AI). Trump said the US is currently leading in AI but claimed China is working hard to catch up. Trump ended his message by saying, "Don't let China win on either subject", according to The Hill.

Lindsey Graham died over the weekend at the age of 71 after what his office descri...