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White House Crypto Council Director Patrick Witt Backs New CLARITY Act Stablecoin Rules

White House Crypto Council Director Patrick Witt has backed new stablecoin rules included in the latest CLARITY Act draft. The changes seek to limit stablecoin rewards while giving the U.S.…

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Wire content from CoinGape

White House Crypto Council Patrick Witt supports new CLARITY Act stablecoin rules as banks seek tighter limits and Treasury gains more power.

This article originally appeared on CoinGape. Read the full article at the source: https://coingape.com/white-house-crypto-council-director-patrick-witt-backs-new-clarity-act-stablecoin-rules/

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