๐ด Breaking | White House Crypto Adviser: Senate Democrats must accept the "victory" they already achieved through Trumpโs restrictions
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๐ฐ The news
Patrick Wight, the White House adviser on crypto affairs, told CoinDesk that Senate Democrats should accept the "victory" they have already achieved through the Trump-era restrictions included in the Ethics provision of the CLARITY Act, rather than continuing to demand further concessions.
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๐ Key details
โ The statement comes as a direct response to the recent rejection by Senator Gaiigo of a Republican proposal, describing it as "not serious"
โ Wight hints that the White House considers the current amendments more than sufficient, and puts the ball in the Democratsโ court to end the debate
โ This message reflects the administrationโs impatience with the long negotiations, amid escalating warnings from industry leaders like Scaramucci about the law failing entirely
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โฆ Why does the market care?
This statement shows that the trust gap between the two sides is still wide, even as the deadline approachesโkeeping BTC and ETH in constant suspense about the fate of the law.
โโโโโโโโโโโโโโ
๐ข Do you think the Democrats will accept this framework? Or ๐ด will they insist on additional concessions? ๐
โโโโโโโโโโโโโโ
๐ If you liked the content, support me with a like and follow to get all the latest
โฌก LEGENDARY_007#LEGENDARY_007
โโโโโโโโโโโโโโโโโโ
๐ฐ The news
Patrick Wight, the White House adviser on crypto affairs, told CoinDesk that Senate Democrats should accept the "victory" they have already achieved through the Trump-era restrictions included in the Ethics provision of the CLARITY Act, rather than continuing to demand further concessions.
โโโโโโโโโโโโโโโโโโ
๐ Key details
โ The statement comes as a direct response to the recent rejection by Senator Gaiigo of a Republican proposal, describing it as "not serious"
โ Wight hints that the White House considers the current amendments more than sufficient, and puts the ball in the Democratsโ court to end the debate
โ This message reflects the administrationโs impatience with the long negotiations, amid escalating warnings from industry leaders like Scaramucci about the law failing entirely
โโโโโโโโโโโโโโ
โฆ Why does the market care?
This statement shows that the trust gap between the two sides is still wide, even as the deadline approachesโkeeping BTC and ETH in constant suspense about the fate of the law.
โโโโโโโโโโโโโโ
๐ข Do you think the Democrats will accept this framework? Or ๐ด will they insist on additional concessions? ๐
โโโโโโโโโโโโโโ
๐ If you liked the content, support me with a like and follow to get all the latest
โฌก LEGENDARY_007#LEGENDARY_007