White House adviser: Trump gave up 'historic' ethics powers for CLARITY Act
- —The White House crypto adviser spoke in Washington after the release of the compromise CLARITY Act text
- —Trump gave up 'historic' ethics powers for the sake of a compromise on the bill
- —The statement came a day after the new version of the law was released
Why it matters: The compromise on ethics rules removes one of the key obstacles to passing the CLARITY Act, which would define U.S. crypto market regulation.
Source: CoinDesk