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Crypto

White House, CFTC Meet Amid Crypto Regulation Gridlock

Guavy AI Editorial Team
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The White House is set to meet with crypto leaders on Wednesday as part of an ongoing effort to establish clear regulations for the industry. The meeting comes after a slow start to congressional progress, with the CLARITY Act now facing a September 15 vote due to missed deadlines.

On Thursday, the Commodity Futures Trading Commission (CFTC) will hold its own crypto regulation session, marking one of the most active stretches for U.S. crypto regulation this month.

The CLARITY Act aims to provide clarity on how cryptocurrencies are classified and regulated, but its slow progress has been met with frustration from industry leaders.

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