Global Stock News

White House seeks backing for crypto bill

White House seeks backing for crypto bill

  • The White House will meet law enforcement groups to address concerns over the Digital Asset Market Clarity Act’s illicit finance provisions.
  • The discussions aim to keep the Senate crypto market structure bill on track ahead of an expected floor vote in July.
  • Administration officials are working to secure broader political support while lawmakers continue negotiating key provisions.

The White House will meet law enforcement representatives after objections were raised over the Digital Asset Market Clarity Act’s treatment of decentralised finance developers and anti-money laundering rules.

The dispute centres on Section 604, known as the Blockchain Regulatory Certainty Act, which would clarify that software developers who do not control…

Source link

Share this article

Scroll to Top