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White House crypto adviser Patrick Witt and Treasury official Luke Pettit said Congress’ lame-duck window is an unreliable route for reviving the Digital Asset Market Clarity Act and urged focus on regulatory action already underway. They spoke at CoinDesk’s Policy & Regulation event in Washington, where both emphasized that agencies including the SEC and CFTC are moving forward on crypto rules despite the bill’s stalled progress in the Senate.
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