Patrick Witt, Executive Director of the White House Cryptography Commission, will step down ahead of the expected vote on the CLARITY Act
Svmuu News: Patrick Witt, Executive Director of the White House Crypto Commission, will complete his final workday at the White House on July 18 and begin training as a legal officer with the Georgia Army National Guard on July 27.Witt previously led negotiations on the CLARITY Act, which is expected to come up for a full Senate vote around July 20. Deputy Director Harry Jung will take over those negotiations and will be responsible for advancing the Strategic Bitcoin Reserve and the GENIUS Act.A consolidated draft of the CLARITY Act is expected to be released this week; the bill requires 60 votes to overcome the filibuster threshold, meaning it needs the support of at least seven Democrats.Democrats are demanding the inclusion of ethics provisions regarding the president’s personal cryptocurrency holdings; disclosures show that Trump earned over $1.4 billion from cryptocurrency ventures last year. (Bitcoin.com News).
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
U.S. Stocks Extend Fall, S&P 500 Down 1.00%
-
2
The commentary noted that Saudi Arabia plays a key role in the issue of Palestinian statehood, and that its stance is crucial to the normalization of relations with Israel.
-
3
BNY Mellon moves core transfer agency business onto blockchain, targeting $8.6 trillion market
-
4
Oil Rallies After US Intercepts Iranian Attack; US Futures Waver Ahead of Fed Decision and Tech Earnings
-
5
Glencore expects first-half trading profits to reach $3.3 billion, boosted by increased volatility in the oil market due to the war in Iran
-
6
UK's FTSE 100 Index Hits All-Time High
-
7
Bybit lists SSPCUSDT Perpetual Contract with up to 25x leverage
-
8
Trump Teleprompter Operator Accused of Kalshi Betting Misconduct Leaves Government
-
9
Ethereum What Is It? An In-Depth Analysis of How It Works, Its Ecosystem Development, and Market Outlook
-
10
An Analysis of Virtual Currency Trading and Transaction Methods: Frequently Asked Questions and Risk Warnings
Markets Today
Recommended Reading




