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Another Setback for CLARITY Act as White House Stays Silent (Flash News)


Another Setback for CLARITY Act as White House Stays Silent (Flash News)

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The White House failed to respond to a key counterproposal after supporters expected weekend progress on the Clarity Act, slowing passage momentum and increasing regulatory uncertainty for crypto and DeFi markets. Senators Thom Tillis and Ruben Gallego pushed for stronger ethics provisions that would let state attorneys general enforce laws against federal officials, a change that could complicate negotiations and delay regulatory clarity for exchanges and token projects.

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After the highly expected weekend in which supporters of the bill expected some sort of an advancement, Eleanor Terrett reported that the White House has failed to respond to a key counterproposal.

The popular journalist noted a few days ago that Senator Thom Tillis and Senator Ruben Gallego had pushed for stronger ethics provisions, indicating that state attorneys general should enforce laws against federal officials.

Read the article at CryptoPotato

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