White House to speak with law enforcement groups to push Crypto's Clarity Act

CoinDesk·

White House to speak with law enforcement groups to push Crypto's Clarity Act

60-second summary

White House officials are currently meeting with law enforcement groups to discuss the Crypto's Clarity Act, specifically addressing concerns over illicit-finance provisions. Representatives have expressed objections to certain aspects of the bill. The White House aims to find a balance between regulating cryptocurrency and protecting law enforcement's ability to combat illicit activities effectively.

Officials from the White House are said to be sitting down with law enforcement representatives who have objected to illicit-finance portions of the bill.