White House adviser says proposed changes to US crypto market structure bill are far off
A White House crypto adviser publicly said that proposed amendments to the CLARITY Act, a bill that would set rules for how crypto assets are classified and traded in the US, were "not even close" to the administration's position, signaling a new round of negotiations as the voting window narrows. This follows separate reports that a bipartisan pair of senators is also reworking ethics provisions tied to President Trump's crypto business interests.
The fate of the CLARITY Act would determine the core legal framework for crypto in the US, and open disagreements between the White House and Congress raise fresh uncertainty about whether major legislation passes this session.
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