CoinWorld News reports that White House AI and Cryptocurrency Affairs Director David Sacks stated on social media that Patrick Witt is pushing for progress in the compromise between the banking industry and the crypto sector, actively facilitating the passage of market structure legislation. Sacks said that the crypto industry has made significant concessions on stablecoin yield issues and called for corresponding responses from the banking side.
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CoinWorld News reports that White House AI and Cryptocurrency Affairs Director David Sacks stated on social media that Patrick Witt is pushing for progress in the compromise between the banking industry and the crypto sector, actively facilitating the passage of market structure legislation. Sacks said that the crypto industry has made significant concessions on stablecoin yield issues and called for corresponding responses from the banking side.