CLARITY Act Talks Signal Possible White House and Lawmakers Accord
White House official Patrick Witt suggested that new crypto regulations could eventually attract capital into the banking system.
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White House official Patrick Witt suggested that new crypto regulations could eventually attract capital into the banking system.
Politico reported that Senators Thom Tillis and Angela Alsobrooks reached an agreement in principle on stablecoin-yield provisions for the CLARITY Act, though the details are not public. The article reports renewed optimism about a broader crypto framework while noting unresolved questions about deposit risks, ethics language and industry review.
Senator involved in the reported agreement on stablecoin-yield provisions
Tillis's version of this story ↗
Senator commenting on the prospects for a comprehensive crypto framework
Lummis's version of this story ↗
Senator involved in the reported agreement on stablecoin-yield provisions
Alsobrooks's version of this story ↗Loading comments…