๐จNEWS: Administration officials will host law enforcement groups at the White House Wednesday as part of ongoing efforts to address concerns that certain provisions in the Clarity Act, including developer protections derived from the Blockchain Regulatory Certainty Act, could make it harder to combat illicit finance, according to three sources familiar with the meetings.
The issue, along with ethics, remains one of the major sticking points that must be resolved before lawmakers can bring the bill to the Senate floor. Several Democrats have signaled they will not support the legislation unless law enforcement believes its concerns have been adequately addressed.
The meetings come on the heels of a broader industry push to win support for the bill from lawmakers and law enforcement, including a town hall and a fly-in featuring former law enforcement officials now working in crypto.
๐ฅ JUST IN: SENATOR TIM SCOTT SAYS:
โTHE CLARITY ACT BRINGS DIGITAL ASSETS OUT OF THE SHADOWS AND INTO A SYSTEM THAT IS SAFER, FAIRER, AND MORE TRANSPARENT!โ ๐ธ
IT IS TIME ๐๐ผ