U.S. White House Targets July 4th for Passage of the Clarity Act

Aiming for a July 4th Bill Passage

On May 7th, at the Consensus Conference held in Miami, Patrick Witt, the director of the Presidential Advisory Committee on Digital Assets, revealed that the target date for the enactment of the cryptocurrency market structure bill, known as the 'Clarity Act', is set for July 4th, the U.S. Independence Day. This was reported by The Block and others.

Mr. Witt stated, 'We are targeting July 4th. It's symbolic as it aligns with the 250th anniversary of the founding of the United States...