Patrick Witt
@patrickjwitt
Executive Director, President’s Council of Advisors for Digital Assets; Deputy Director, Dept. of War Office of Strategic Capital 🇺🇸
Joined May 2012
1K Following 37K Followers
Banks: We must ban the payment of interest on stablecoins to protect community bank lending!
Clarity Act: Bans payment of interest on stablecoins.
Banks: The Clarity Act must be stopped, or it will destroy community bank lending!!!
Make it make sense… 🫠
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JUST IN: 🇺🇸 American Bankers Association CEO tells CNBC "There's a lot of good in the Clarity Act" 👀
"I do think that the crypto and the banking sectors can coexist. I think we can be the crypto capital of the world."
"We're working with the Senators" on this bill.
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