White House crypto advisor: Other obstacles to the Clarity Act are being gradually cleared.

CoinFeed reported on April 14th, citing CoinDesk, that Patrick Witt, Executive Director of the White House Presidential Advisory Council on Digital Assets, stated that a compromise has been reached regarding the stablecoin yield dispute in the Clarity Act, and other obstacles are being gradually cleared. Witt pointed out that resolving the stablecoin yield issue was a prerequisite for advancing the bill, and the current compromise is expected to remain stable. Other outstanding issues include illicit financial protection measures in the decentralized finance (DeFi) sector and Democratic demands to prohibit senior government officials, including Trump, from profiting from the crypto industry. Witt stated that negotiations have made substantial progress, and several issues are close to being resolved. The bill needs to pass a vote in the full Senate after a flagged meeting of the Senate Banking Committee.