Patrick Witt, the White House's top crypto adviser, deferred his military training to remain and advance the CLARITY Act in the Senate before the August 8 recess. This comes as deputy director Harry Jung announced his departure from the council.
The Trump administration's plan for a US Strategic Bitcoin Reserve is stalled due to disagreements between the Commerce and Treasury departments over oversight and structure. Concerns about Bitcoin's volatility and Treasury's legal authority have emerged, with Commerce now a contender to manage the reserve.
Senate Banking Committee markup is planned for this month, leaving four working Senate weeks in June for floor passage, said Patrick Witt.
Le gouvernement américain, détenteur de 328 372 BTC, travaille à transformer ses saisies judiciaires en une réserve stratégique nationale. Le projet ARMA vise à sanctuariser ces actifs et à initier des acquisitions progressives pour renforcer la compétitivité économique.
A White House digital assets official has slammed the traditional banking sector's continued opposition to the proposed stablecoin yield compromise in the CLARITY Act. On April 17, Patrick Witt, the executive director of the White House Presidential Advisory Committee on Digital Assets, accused the financial institutions of “greed or ignorance” due to their intensified lobbying […] The post White House tells “greedy” banks to “move on” from CLARITY Act stablecoin yield fight appeared first on CryptoSlate.
