White House's Patrick Witt: Administration "fully committed" to passing crypto Clarity Act next month

A White House official's statement that the administration is "fully committed" to passing the crypto Clarity Act next month signals elevated odds of near-term regulatory progress. Clearer market structure rules could reduce policy uncertainty, improve institutional risk tolerance, and support liquidity across major cryptoassets. Traders may reprice regulatory risk premia quickly, with the broad market likely to react most visibly through BTC as the primary benchmark asset.