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"White House to Meet With Digital-Asset Industry at 3 a.m. Tomorrow… to Discuss Stablecoin Yield Issue"

Source
Uk Jin

Summary

  • The White House said it plans to hold a meeting to finalize its position on key issues in the digital-asset market-structure bill, the Clarity Act.
  • Eleanor Terrett said the White House will convene a meeting with banks and the digital-asset industry to discuss stablecoin yields.
  • The meeting is expected to include Kara Calvert, Coinbase’s head of U.S. policy, the Blockchain Association, the Digital Chamber, and the Crypto Council for Innovation, among others.
Photo=Eleanor Terrett X capture
Photo=Eleanor Terrett X capture

The White House is set to hold a meeting to finalize its position on key issues in the digital-asset (cryptocurrency) market-structure bill, the 'Clarity Act.'

On the 2nd (local time), Eleanor Terrett, host of Crypto in America, posted on X (formerly Twitter) that "the White House will meet with banks and the digital-asset industry to discuss stablecoin (digital assets pegged in value to fiat currency) yields at 1 p.m. local time today (3 a.m. on the 3rd, Korea time)."

Attendees are expected to include Kara Calvert, Coinbase’s head of U.S. policy, the Blockchain Association, the Digital Chamber, and the Crypto Council for Innovation, among others.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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