A top White House advisor has cautioned cryptocurrency industry players that obstructing the current compromise regarding the Clarity Act could leave the sector vulnerable. The industry, which has just recovered from the hostility of the previous SEC administration, could get a much harsher treatment if the Democrats win the text election.

Warning to holdouts

Witt took to social media to express his mounting frustration with the ongoing delays, specifically calling out those attempting to block the bill over specific regulatory concessions.

A future administration might adopt a more hostile stance toward critical industry pillars such as stablecoin rewards, decentralized finance (DeFi), developer protections.

“I wonder how a future…