AiCoin
AiCoin|Aug 19, 2026 03:00
[Patrick Witt: Optimistic About the CLARITY Act, Stablecoin Yield Controversy Resurfaces] According to The Block, White House cryptocurrency advisor Patrick Witt expressed optimism and confidence on Tuesday at the SALT conference in Wyoming regarding the eventual passage of the CLARITY Act. Senate Majority Leader Thune has scheduled a procedural vote on the bill for September 15 (UTC+8). Witt stated that discussions with Democrats on areas of disagreement will take place at that time. Senate Banking Committee Chairman Tim Scott pointed out that the stablecoin yield controversy has resurfaced and requires further negotiation. Democrats are pressuring for stronger ethical provisions concerning conflicts of interest related to former President Trump's cryptocurrency holdings. Former President Trump is currently evaluating an ethics proposal introduced by Senators Gallego and Tillis, which includes provisions authorizing state attorneys general to enforce regulations. Senator Lummis remarked that it remains uncertain what decision former President Trump will ultimately make.
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads