White House crypto advisor strongly supports the Clarity Act, arguing it benefits regulation and enforcement.
CoinFeed reported on June 5th that, according to The Block, White House digital asset advisor Patrick Witt called the Clarity Act a "regulation-supporting and law enforcement" bill, responding to criticism from law enforcement groups that its efforts to combat financial crime are insufficient. Witt stated that lawmakers have added new chapters to the bill to address the concerns of law enforcement agencies. Witt pointed out that global capital flows are accelerating, and if the US doesn't set standards, it will have to accept other countries' rules. Senator Cynthia Lummis warned that if the bill doesn't pass this year, it may not be considered again until 2030. The Blockchain Regulatory Certainty Act, pushed by DeFi advocates, has been included in the Senate version, explicitly stating that non-custodial developers are not considered money transmitters.