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Director of the White House Cryptocurrency Committee: Other obstacles to the CLARITY Act are being removed
ME News Report, April 14 (UTC+8), White House Cryptocurrency Committee Director Patrick Witt stated that although banks and crypto companies are still negotiating the issue of stablecoin yields under the CLARITY Act, the negotiators have been working to resolve other obstacles. If the current Senate compromise plan holds, the remaining disputes should be easier to resolve. Key bipartisan senators claiming to have reached a consensus on stablecoin yields still seem to be valid. “We hope the agreed-upon compromise can be durable and effective; resolving this issue is something we must accomplish before addressing other pending matters.” (Source: Foresight News)