Washington Crypto Update
The digital asset communities focus is on the Bitcoin 2026 conference in Las Vegas where Senator Cynthia Lummis said the Senate will mark up the long-awaited Clarity Act in May. White House digital asset adviser Patrick Witt added that the administration has resolved certain legal hurdles regarding the implementation of the Strategic Bitcoin Reserve. U.S. senators Elizabeth Warren and Ron Wyden sent a letter to Commerce Secretary Howard Lutnick requesting details about a loan that Tether reportedly extended to his family trust to help finance the divestiture of Cantor Fitzgerald to his sons.
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