David Sacks reportedly met with lawmakers to discuss crypto market structure bill this morning
Crypto Briefing
David Sacks reportedly met with senators to discuss the CLARITY Act, a proposed crypto market structure bill.Summary
David Sacks, identified as the White House AI and crypto czar, was seen leaving Senator Tim Scott's office after meeting with about a dozen senators to discuss the CLARITY Act, a proposed crypto market structure bill. While Sacks previously suggested the US was poised to pass crypto legislation with a markup planned for January, TD Cowen suggests the bill could face significant delays, potentially not passing until 2027 and implementing closer to 2029. This potential delay is attributed to political factors, with Democrats reportedly hesitant to advance the bill before the 2026 elections due to concerns related to Donald Trump's crypto ventures.
(Source：Crypto Briefing)