Why is the White House meeting law enforcement over the Digital Asset Market Clarity Act?

The White House is meeting law enforcement groups because some organisations believe the Digital Asset Market Clarity Act does not do enough to prevent illicit finance. The discussions are intended to address concerns before the Senate considers the bill for a vote.

What does the Blockchain Regulatory Certainty Act section of the Digital Asset Market Clarity Act mean?

The Blockchain Regulatory Certainty Act section of the Digital Asset Market Clarity Act would clarify that software developers who do not control customer funds should not automatically be treated as money transmitters. The proposal is intended to provide legal certainty for developers building decentralised finance applications.

How is the White House trying to advance the Digital Asset Market Clarity Act?

The White House is holding meetings with law enforcement groups, banking representatives and other stakeholders to resolve outstanding concerns over the Digital Asset Market Clarity Act. White House officials have said the bill would introduce clearer regulatory rules for digital asset businesses.

What does the Digital Asset Market Clarity Act mean for crypto regulation?

The Digital Asset Market Clarity Act would establish a broader regulatory framework for digital assets while clarifying how decentralised finance developers are treated under US law. Supporters say the bill would improve regulatory certainty, while critics argue more safeguards are needed against illicit finance.

Why does the Digital Asset Market Clarity Act still face challenges in the Senate?

The Digital Asset Market Clarity Act still requires at least 60 Senate votes to pass, meaning it needs bipartisan support. Lawmakers are continuing negotiations over illicit finance provisions, ethics rules for government officials and the role of the Commodity Futures Trading Commission.

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White House seeks backing for crypto bill

Written by Isaac FrancisPublished Jun 29, 2026, 11:50 PM

The White House will meet law enforcement groups to address concerns over the Digital Asset Market Clarity Act's illicit finance provisions.
The discussions aim to keep the Senate crypto market structure bill on track ahead of an expected floor vote in July.
Administration officials are working to secure broader political support while lawmakers continue negotiating key provisions.

The White House will meet law enforcement representatives after objections were raised over the Digital Asset Market Clarity Act's treatment of decentralised finance developers and anti-money laundering rules.

The dispute centres on Section 604, known as the Blockchain Regulatory Certainty Act, which would clarify that software developers who do not control users' funds should not automatically be treated as money transmitters under US law.

"We're putting real regulatory constraints on businesses and actors that currently live in a state of uncertainty," said White House lead crypto adviser Patrick Witt.

The National Sheriffs Association argued the proposal should not provide a blanket exemption for mixers, tumblers or decentralised finance, while industry groups including the Blockchain Association said the bill strengthens law enforcement powers by creating clearer regulatory rules.

The White House is continuing talks with law enforcement groups, banking representatives and lawmakers as Senate leaders prepare for a possible vote, and following the announcement there was no immediate market reaction.

The legislation still requires at least 60 votes to pass the Senate, with negotiations continuing over ethics rules, the role of the Commodity Futures Trading Commission and provisions covering government officials' crypto holdings.

The bill has become a central part of the US debate over digital asset regulation, with supporters arguing it provides regulatory certainty while critics including Senator Elizabeth Warren continue raising concerns about illicit finance risks.