CLARITY Act Nears Completion as White House Sets September Deadline

The White House has signaled that the CLARITY Act is nearing a decisive point after more than a year of bipartisan negotiations.

White House crypto adviser Patrick Witt described the current stage as a 'binary stage', indicating that discussions have narrowed down to a handful of final issues.

President Trump wants the bill completed in September, before Congress enters recess, and has expressed his goal of making the United States a leading center for crypto and innovation.