Tag: White

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White House targets July 4 for Clarity Act passage, says crypto adviser Patrick Witt

The White House is aiming for July 4 for Congress to pass the Digital Asset Market Clarity Act, Patrick Witt, executive director of the...

White House Says Major Bitcoin Reserve Announcement Is Coming

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The White House is preparing a major announcement on the US Strategic...

Bank Lobby Fires Back At White House Over Stablecoin Study

The American Bankers Association is warning that the White House’s latest stablecoin study is asking the wrong question and underestimating the threat...

White House crypto adviser Witt says other Clarity Act hurdles being cleared

The White House's main crypto adviser, Patrick Witt, said that work is still being done to lock in the compromise that he thinks will...

Bankers rebuff White House claim that stablecoin yield doesn’t threaten deposits

The crypto industry's chief effort in U.S. policy — the Digital Asset Market Clarity Act — has remained held up on a point about...

Stablecoin Yield Won’t Harm Banks: White House Economists

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a positive development for the crypto industry, a recent study by...

White House study bolsters crypto’s stance in stablecoin yield fight against bankers

A White House report released Wednesday directly challenges the banking industry's claims that stablecoin yields would drain deposits and weaken lending to households and...

Stablecoin Yield Ban Would Barely Boost Bank Lending, White House Finds

A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides.According to...

White House Clears DOL Key Rule Proposal

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Department of Labor’s (DOL) proposed rule to allow crypto investment options...

White House crypto czar David Sacks transfers to presidential advisory committee role

White House AI and Crypto Czar David Sacks is changing titles and joining the President’s Council of Advisors on Science and Technology as co-chair,...

David Sacks Leaves White House Crypto Role With Key Legislation Still Unresolved

In brief Sacks said he stepped down after reaching the 130-day limit for special government employees. He had pushed for market structure and stablecoin legislation but...

President Trump Names Meta, Nvidia CEOs to White House Tech and Science Council

In brief President Trump appointed the first members of his President's Council of Advisors on Science and Technology (PCAST). The council will be co-chaired by David...