CLARITY Act White House Talks Go Well

Lawmakers on Capitol Hill returned to negotiations on Tuesday to hammer out the final details of the CLARITY Act. Sources from Senator Cynthia Lummis office report that recent talks with the White House went well, bringing negotiators closer to an agreement on key ethics provisions.

Ethics rules have remained the biggest hurdle for the crypto bill. While lawmakers are also discussing decentralized finance language in parallel, the ethics debate continues to take center stage. Both sides want to strike the right balance before moving the legislation forward.

Traders and industry observers should watch for updates from Capitol Hill as lawmakers attempt to resolve these remaining issues. A breakthrough on ethics could clear the path for the bill to advance.