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White House crypto adviser says there’s no time to wait as Clarity Act window closes

White House crypto adviser says there’s no time to wait as Clarity Act window closes

The clock is ticking for cryptocurrency legislation in Washington, and a key White House adviser is sounding the alarm.

“Let’s not let any moss grow here,” urged Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, on Yahoo Finance’s Opening Bid.

Witt warned the window for passing the critical Clarity Act is “rapidly closing” as the political calendar shifts focus toward upcoming midterms, which often consume all legislative oxygen on Capitol Hill.

As the industry grapples with uncertainty and a volatile market, the prospect of clear regulatory guidelines hangs in the balance, threatening to leave investors in limbo. To the White House, crypto’s lack of clarity is not merely red…

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