Director of the White House Encryption Committee: Still committed to promoting the adoption of the Clarity Act in September

On 11 August, Patrick Witt, Director of the White House encryption committee, stated that the Government remained committed to promoting the adoption of the Clarity Act in September. Only legislation can provide lasting rules, which are more necessary than ever before. In addition, it criticized the Democratic Party for delaying the bill every time it allowed the United States to lag further behind in the encryption competition, undermining global financial market leadership, weakening national security and depriving law enforcement of the tools to fight encryption. Clarity Act is the result of years of genuine bipartisan cooperation, and the Democrats still have the opportunity to shape the U.S. digital asset policy by helping with legislation. The Government will remain open and negotiate in good faith until the September vote。