15 godz. temu
White House crypto czar David Sacks expects banks and crypto to form one digital asset industry after CLARITY Act
During a CNBC Squawk Box interview at the World Economic Forum in Davos, White House crypto czar David Sacks said banks and crypto firms will eventually operate as a single digital asset industry once Congress approves the CLARITY Act. He argued that disputes over whether stablecoin issuers can offer yield are the main obstacle in the US Senate and urged both banks and crypto companies to compromise to secure a broader market structure framework. Sacks cited the GENIUS Act as a precedent and stressed that yield is already embedded in existing legislation, even as Coinbase and major banks clash over the bill's current form.