CLARITY Act Clears Hurdle as Republicans Line Up Behind Key Crypto Bill

The White House Crypto Advisor is optimistic about the passage of the CLARITY Act, despite ongoing negotiations over stablecoin rewards and crypto ethics rules.

Witt, the advisor, said in an interview that he feels 'very good' about where Republicans are on the bill, with support potentially close to all 53 Republican senators.

Negotiations continue over several key issues, including stablecoin rewards, crypto ethics rules, and law-enforcement concerns. A current compromise prohibits passive 'idle yield', but allows rewards linked to customer activity.

President Trump has agreed to restrictions preventing federal officials from issuing or sponsoring digital assets, although Democrats are seeking additional ethics safeguards.