Key Insights:

• CLARITY Act talks are down to a handful of final issues after yearlong negotiations.
• Trump wants the CLARITY Act completed in September before Congress enters recess.
• SEC and CFTC could advance crypto regulations if lawmakers fail to pass the bill.

The CLARITY Act has entered what White House crypto adviser Patrick Witt described as a “binary stage” after prolonged negotiations. While speaking at the SALT Conference in Wyoming, Witt said lawmakers have narrowed discussions to several final issues following more than a year of bipartisan negotiations.

The comments came as President Donald Trump renewed pressure for Congress to finish the digital asset market structure bill. The White House meeting also…