Trump’s Crypto Adviser Rejects CLARITY Act Developer Proposal
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Law enforcement groups backed by key Democrats proposed changes to the CLARITY Act to expand prosecutorial authority over crypto software developers, increasing regulatory and legal risk for crypto projects and DeFi developers. White House officials say the proposals still fall short of their objectives, indicating continued negotiation and potential further regulatory action that could affect adoption and developer activity.
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Law enforcement groups backed by key Democrats have suggested some changes to the CLARITY Act that would make it easier to prosecute some crypto software developers.
However, White House officials still feel like the suggestions made fall short of what they want.
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