Summary
- Patrick Witt, executive director of the White House crypto council, said this week is pivotal for the CLARITY Act.
- Witt said this week is both highly important for the CLARITY Act and the first anniversary of the GENIUS Act.
- Witt said substantial work has gone into the bill and too much time has already been lost, adding that there is no more room for delay.
Forecast Trend Report by Period
Patrick Witt, executive director of the White House crypto council, said this week will be a pivotal one for the CLARITY Act.
In a post on X on July 13, Witt called it "a very important week" for the CLARITY Act. He added that it also marks the first anniversary of the GENIUS Act.
Witt said it was worth reflecting on how much work had gone into the bill and how much time had already been lost. "We can't afford to delay any longer," he wrote.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.