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

CoinGape·September 14, 2026·1 min read
White House Crypto Council Director Patrick Witt Backs New CLARITY Act Stablecoin Rules

White House Crypto Council Director Patrick Witt backed new stablecoin rules in the latest CLARITY Act draft. The changes limit stablecoin rewards and give the Treasury more authority if bank deposits come under pressure, ahead of a Senate cloture vote.

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