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White House Crypto Advisor: CLARITY Act Could Meet About 90% of Industry Regulatory Needs

2026-05-18 02:24

Odaily Planet Daily News: White House Crypto Policy Advisor Patrick Witt stated that if the Clarity Act passes smoothly, it could provide approximately 90% of the regulatory framework and policy certainty needed by the crypto industry. The bill is seen as one of the most critical pieces of legislation in the current U.S. crypto regulatory system, expected to strike a significant balance between compliance, market structure, and industry development. (Cointelegraph)