White House Meets Law Enforcement as 200+ Crypto Groups Press Senate on CLARITY Act

White House Meets Law Enforcement as 200+ Crypto Groups Press Senate on CLARITY Act

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News Editor 01
2026-07-23 03:10:14
The White House is set to meet law enforcement groups over CLARITY Act concerns, while more than 200 crypto organizations urge the Senate to move the bill forward and House lawmakers review digital asset tax proposals.
CLARITY ActUS regulationdigital asset taxcrypto industrySenate

The CLARITY Act is facing pressure from multiple directions in Washington. White House officials are scheduled to meet law enforcement groups on Wednesday to discuss contested parts of the bill, while more than 200 crypto organizations are urging the Senate to take up the legislation. At the same time, the House Ways and Means Committee is preparing a hearing on digital asset tax reform.

Journalist Eleanor Terrett reported that administration officials will host law enforcement groups at the White House, with attention centered on provisions linked to developer protections drawn from the Blockchain Regulatory Certainty Act. People familiar with the meetings said those sections remain a focal point in the ongoing talks.

One issue continues to weigh on the bill. Some officials are concerned that parts of the legislation could make illicit finance enforcement harder. Terrett said those concerns, along with ethics-related questions, remain key barriers before lawmakers can move the measure ahead.

Industry letter calls for a full Senate vote

Crypto industry outreach has also intensified. The effort has included a town hall event and a Washington fly-in that involved former law enforcement officials now working in the digital asset sector.

More than 200 organizations signed a joint letter backing the CLARITY Act, including Coinbase, Ripple, Kraken, Circle, a16z, and Binance US. According to the Blockchain Association, the bill would create a federal framework for digital asset markets, clarify regulatory responsibilities, and establish registration pathways.

The group also said the legislation would preserve protections for software developers and expand oversight of digital asset activity in U.S. markets. The letter asked Senate leaders to schedule consideration by the full chamber after the bill cleared committee with bipartisan support.

House tax hearing adds another crypto policy front

Separate from the market structure debate, tax policy is moving on a parallel track. The House Ways and Means Committee is set to hold a hearing Tuesday on digital asset taxation, with witnesses from Fidelity, Coinbase, Coin Center, and New York University.

Lawmakers are expected to review seven discussion drafts covering stablecoin transactions, staking, mining, lending, wash sale rules, charitable donations, and taxpayer disclosures. The proposals come from the broader Digital Asset PARITY Act framework. Several industry groups welcomed the approach, though some participants reportedly raised concerns about parts of the package before the hearing.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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