White House to Meet Law Enforcement on CLARITY Act Section 604, Senate Seeks July Vote

According to CoinDesk, the White House is set to hold talks with law enforcement representatives to advance the CLARITY Act by addressing disagreements over Section 604, which shields decentralized finance developers from liability as "money transmitters." Senate Majority Leader John Thune indicated the legislation could be brought to a full vote in the coming weeks, with Senate Banking Committee Chair Tim Scott calling for a Senate vote on crypto market structure legislation in July. The bill requires 60 votes to pass.
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