Tagged: patrick witt

Banking Industry Balks at Stablecoin Yield Compromise as the CLARITY Act Moves to Markup

May 11, 2026 @ 5:21 pm By JD Alois |

While the CLARITY Act appears to be on track for a markup hearing before the Senate Banking Committee this Thursday, banking industry representatives continue to complain about the stablecoin yield compromise recently hashed out by various policymakers. In a joint statement last week, banking associations and… Read More

Read more in: Blockchain & Digital Assets, Opinion, Politics, Legal & Regulation | Tagged aba, american bankers association, banking, bernie moreno, coinbase, patrick witt, paul grewal, senate banking committee, the clarity act

Independent Community Bankers of America Says Consumers Worry Digital Assets will Harm Banks, White House Digital Asset Chief Disagrees

April 28, 2026 @ 8:34 pm By JD Alois |

The Independent Community Bankers of America (ICBA) says consumers worry that digital assets will harm community banks. ICBA President and CEO Rebeca Romero Rainey says their polling proves that Americans “strongly support community bank views amid the ongoing debate over digital assets market structure.” Rainey… Read More

Read more in: Blockchain & Digital Assets, Featured Headlines, Opinion, Politics, Legal & Regulation | Tagged banking, icba, independent community bankers of america, patrick witt, perspective, stablecoins, the clarity act

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