Editor's PiCK

"White House to meet with digital-asset industry at 3 a.m. tomorrow…to discuss stablecoin revenue issues"

Source
Uk Jin

Summary

  • The White House said it plans to hold a meeting to align its position on key points of contention in the digital-asset market-structure bill, the "Clarity Act."
  • The White House said it will meet with banks and the digital-asset industry at 1 p.m. local time on the 2nd (3 a.m. on the 3rd in Korea) to discuss stablecoin yields.
  • The meeting is expected to be attended by Coinbase, the Blockchain Association, the Digital Chamber, and the Crypto Innovation Council, among others.
Photo=Eleanor Terrett X capture
Photo=Eleanor Terrett X capture

The White House is set to hold a meeting to firm up its position on key points of contention in the digital-asset (crypto) market-structure bill known as the "Clarity Act."

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

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

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Uk Jin

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