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White House and Treasury Department Deny Involvement in "Clarity Act" BRCA Amendment Proposal

Source: x.com Event types: Regulation/Compliance
According to reporter Eleanor Terrett (@EleanorTerrett), the controversy surrounding the BRCA provisions in the Clarity Act continues to intensify. Two key groups representing prosecutors have submitted amendment proposals to the White House, proposing to remove relevant provisions protecting software developers from criminal prosecution, but the National Sheriffs' Association (@NationalSheriff), which previously publicly opposed the Clarity Act, did not co-sign the proposal. In response, both the White House and the Treasury denied Senator Cortez Masto's claim that "the proposal reflects their position." Crypto Council Executive Director Patrick Witt stated that the proposal is "far from" the government's position, while the Treasury directly pointed out that the wording of the relevant provisions came from Washington lobbyists.

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