美国检察官协会致信白宫，要求修改Clarity法案开发者条款
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US Senator Alsobrooks: The Clarity Act still needs to address its ethical provisions before it can gain final support.
PANews reported on June 5th, citing CoinDesk, that Maryland Senator Angela Alsobrooks stated that she would not vote in favor of the Clarity Act, a bill on crypto legislation, unless an agreement was reached on ethical provisions and provisions related to illicit finance. Alsobrooks stated that her support within the committee was merely to push for continued bipartisan negotiations, as disagreements remain on ethical requirements, anti-money laundering and illicit finance provisions spearheaded by Catherine Cortez Masto, and details at the Agriculture Committee level. She also defended the compromise on stablecoin yields, stating that the terms negotiated over nine months prohibit separate interest payments on stablecoin balances, preventing products resembling deposit accounts without bank oversight, and seeking a balance between industry innovation and the protection of banks and consumers.
White House advisor: The CLARITY bill, if passed, will address approximately 90% of the industry's regulatory needs.
PANews reported on May 18 that, according to Cointelegraph, White House crypto advisor Patrick Witt stated that the CLARITY Act would meet approximately 90% of the regulatory needs of the crypto industry.
White House crypto advisor: This week is crucial for the Clarity Act; time is of the essence.
According to a report by Cointelegraph, White House crypto advisor Patrick Witt stated that this week is crucial for the Clarity Act, as the scope of the issues is narrowing and various parties are offering positive proposals. He added that time is of the essence.
Law enforcement agencies warn the CLARITY Act could hinder investigations into cryptocrime.
According to Foresight News , citing The Block, four U.S. law enforcement agencies jointly sent a letter to the U.S. Department of Justice and the White House, warning that Section 604 of the Clarity Act could create a regulatory blind spot, making it difficult for law enforcement agencies to investigate and prosecute illicit crypto activities. The letter points out that Section 604 contains broad exemptions that could potentially shield individuals or entities facilitating the flow of crypto assets from regulatory liability. The letter was signed by the National Association of District Attorneys, the American Association of Assistant Attorneys, the International Association of Police Chiefs, and the National Association of Sheriffs. The letter emphasized that other provisions of the CLARITY Act could also "reduce transparency, limit accountability, and create loopholes in the anti-money laundering framework." This concern echoes criticism from nearly 100 Catholic leaders representing religious groups across the country, who warned that the bill could weaken protections against human trafficking. Despite the criticism, White House chief crypto advisor Patrick Witte stated that the CLARITY Act is a "law that supports regulation and enforcement."
The U.S. House Financial Services Committee held two hearings in July, focusing on Federal Reserve policy and the Clarity Act.
PANews reported on June 23 that, according to Cointelegraph, the U.S. House Financial Services Committee will hold a hearing on July 14 regarding the Federal Reserve's semi-annual monetary policy report. The committee will also hold a hearing in New York on July 17, focusing on the potential impact of the Clarity Act on digital assets and financial innovation.
The passage of the U.S. Clarity Act before July 4th has become more difficult, with only 9 working days remaining in the legislative window.
According to Mars Finance, on June 15th, the likelihood of the US Clarity Act being passed and signed by the president before July 4th is declining, with the core obstacle being the severe mismatch between the legislative process and the remaining time. The report states that with only about nine Senate working days remaining before the congressional recess, lawmakers still need to complete several key steps, including merging the versions of the text from the Senate Banking Committee and the Agriculture Committee, reaching a consensus on ethics clauses, obtaining 60 votes to close the debate, and completing multiple rounds of amendment voting and the final passage process. Even after the Senate completes its review, the bill still needs the House of Representatives to approve a revised version and pass it again before it can be sent to the president for signature. The article points out that completing this process in a short time is "mathematically almost impossible." Nevertheless, some policymakers still believe that the bill is still possible to pass within the year. Patrick Witt, executive director of the White House Office of Encryption Policy, previously stated that he hoped to complete the legislation before July 4th, but Senator Cynthia Lummis and others have acknowledged that the timeline may need to be delayed until later. Currently, the legislative focus has partially shifted to other issues, including the housing bill and the renewal of the national security-related FISA provisions. Industry insiders generally believe that the period around the August congressional recess may be a more realistic and crucial window of opportunity. Analysts point out that even if the symbolic July 4th deadline is missed, bipartisan support for the bill could still propel it forward into 2026, but future progress will depend more on changes in the political environment and the stability of the bipartisan coalition.