CLARITY Act Gets July 4 Goal as White House Adviser Outlines Senate Path
2026-05-07 06:57
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CoinEx News: White House digital-asset adviser Patrick Witt said at Consensus Miami 2026 that the administration is targeting July 4 for passage of the Digital Asset Market CLARITY Act, shifting attention from stablecoin-yield compromise to a compressed policy calendar. Witt outlined a preferred path in which Senate Banking would hold markup this month, the full Senate would vote during four working weeks in June, and the House would act before Independence Day; the committee's public calendar has not posted a specific markup date.

The goal turns U.S. market-structure legislation into a near-term policy catalyst for BTC, USDC, exchange revenue models and crypto equities, while execution still depends on Senate procedure, ethics, consumer-protection and illicit-finance language.


Source: CoinEx

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