The White House to Hold Meeting with Law Enforcement on the CLARITY Act, Focusing on Illegal Financial Risks and Developer Protection

BlockBeats News, June 9th, White House officials will meet with law enforcement agencies today to discuss the "Cryptocurrency Market Structure Act" (known as the CLARITY Act), focusing on topics such as illicit financial risks and developer protection in preparation for an upcoming Senate vote.

The "Cryptocurrency Market Structure Act" is currently in Senate coordination, consolidating the versions from the Banking Committee and Agriculture Committee, and including ethical clauses and amendments. It is expected to go to a full Senate vote after Congress reconvenes on July 13th. Over 200 crypto companies and organizations have jointly written to Senate leadership, urging them to expedite the full Senate vote.