White House crypto official says BRCA amendment diverges from administration stance

White House crypto official says BRCA amendment diverges from administration stance Patrick Witt, executive director of the White House crypto council, said an amendment to the Blockchain Regulatory Certainty Act, or BRCA, incorporated into the CLARITY Act is nowhere close to the White House and U.S. Treasury Department’s position, according to Cointelegraph. BRCA was originally introduced as a standalone bill and has since been folded into the CLARITY Act. The provision would establish legal protections to ensure non-custodial blockchain software developers are not treated as money transmitters.