White House Mediates Bank–Crypto Clash Over CLARITY Act

TheNewsCryptoPublicado em 2026-03-11Última atualização em 2026-03-11

Resumo

The White House is mediating between banks and crypto industry representatives over the stalled CLARITY Act in the Senate. White House crypto adviser Patrick Witt emphasized the need to keep the legislation pro-innovation and criticized attempts to turn it into an anti-competition bill. Coinbase officials, including Paul Grewal, accused banks of causing unnecessary delays and attempting to divert benefits from retail consumers to themselves. Banks, represented by groups like the Bank Policy Institute, express concerns over deposit flight risks and are considering legal action against the OCC for granting banking charters to crypto firms. Previously, former President Trump warned that failure to pass the bill could drive the crypto industry to competing countries like China.

While the CLARITY Act is repeatedly delayed in the Senate, the White House is attempting to talk to resolve the standoff between banks and the crypto industry representatives. The adviser of the White House with officials of Coinbase, including Paul Grewal, slams banks over unnecessary delays like deposit flight risks.

The White House crypto adviser Patrick Witt posted on X that the CLARITY Act must stay a pro-innovation piece of legislation. He slammed the trials to hijack the legislative process and change it into an anti-competition bill, referring to it as shameful.

Before this, President Donald Trump criticised banks and warned that failing to pass the crypto bill could push the industry to competing countries, including China. The Trump administration is meeting with banking and crypto officials to solve the issues, with Patrick Witt being the mediator regarding the CLARITY Act.

The Compromise

Senators and White House crypto advisers are seeking a compromise on concerns like deposit flight risk from stablecoin yields. Angela Alsobrooks, a member of the Banking Committee, mentioned banks may have to make some compromise on the CLARITY Act.

The officials of Coinbase, comprising Brian Armstrong, Paul Grewal, and Faryar Shirzad, reproached banking groups for avoiding President Trump and changed the bipartisan GENIUS Act as a condition for the passage of the crypto market structure bill.

The CLO of Coinbase, Paul Grewal, accused banks of trying to take rewards out of retail consumers’ pockets and keep them in the big pockets of banks. The officials of banking, like JPMorgan Chase CEO Jamie Dimon, have concerns regarding deposit flight “risk” and short evidence.

Banks are also looking for lawsuits associated with banking charters for crypto companies. The Bank Policy Institute, which shows Wall Street giants comprising JPMorgan Chase, Goldman Sachs, and Citigroup, is pondering a lawsuit against the US OCC over its push to provide banking charters to crypto companies.

Highlighted Crypto News Today:

Arthur Hayes Urges Caution as Federal Reserve Maintains Tight Policy

Perguntas relacionadas

QWhat is the main role of the White House in the current situation regarding the CLARITY Act?

AThe White House is attempting to mediate and resolve the standoff between banks and the crypto industry representatives, with its crypto adviser Patrick Witt acting as a mediator.

QWho is Patrick Witt and what did he post on social media regarding the CLARITY Act?

APatrick Witt is the White House crypto adviser. He posted on X that the CLARITY Act must remain a pro-innovation piece of legislation and slammed attempts to hijack the legislative process and turn it into an anti-competition bill, calling it shameful.

QWhat specific concern do banks, like JPMorgan Chase, have regarding stablecoins and crypto companies?

ABanks, such as JPMorgan Chase, have concerns about deposit flight risk from stablecoin yields. They are also looking into lawsuits related to banking charters for crypto companies.

QWhich Coinbase officials were mentioned as reproaching banking groups, and what did they accuse them of?

ACoinbase officials Brian Armstrong, Paul Grewal, and Faryar Shirzad reproached banking groups for avoiding President Trump and for changing the bipartisan GENIUS Act as a condition for the passage of the crypto market structure bill. Grewal specifically accused banks of trying to take rewards from retail consumers and keep them in the big pockets of banks.

QWhat broader consequence did former President Donald Trump warn about if the crypto bill fails to pass?

AFormer President Donald Trump warned that failing to pass the crypto bill could push the industry to competing countries, including China.

Leituras Relacionadas

The Exquisite Self-Interest of Former OpenAI CTO Murati: Personally Handing Over the Knife and Then Being the First to Seek Reconciliation

Court documents from Elon Musk's lawsuit reveal OpenAI's former CTO, Mira Murati, played a central and seemingly self-interested role in Sam Altman's November 2023 ouster and reinstatement. As early as 2022, she complained to Altman about his shifting priorities and pressure to prioritize revenue. By 2023, she privately supplied co-founder Ilya Sutskever with extensive internal evidence against Altman, which became a key 52-page memo for the board. She was appointed interim CEO after Altman's firing and informed Microsoft. However, text messages show Murati simultaneously relayed the board's stance to Altman while secretly urging Microsoft's CEO to help reverse the decision. Once employee backlash mounted, she refused to publicly defend the board's move she helped engineer. She then became the first signatory on the employee petition demanding the board resign and reinstate Altman. A former board member testified Murati was "waiting to see which way the wind blew," not realizing "she herself was the wind." The evidence depicts her actions as consistently aligning with her own interests throughout the crisis.

marsbitHá 7m

The Exquisite Self-Interest of Former OpenAI CTO Murati: Personally Handing Over the Knife and Then Being the First to Seek Reconciliation

marsbitHá 7m

AI Inference Bills Soar, Shopify and Roblox Warn: Savings from Layoffs Not Enough to Cover Chip Costs

The 2026 Q1 earnings season reveals a paradox: while AI helps companies freeze hiring and boost productivity, the soaring costs of AI inference—token consumption and GPU depreciation—are eroding savings from workforce reductions. Shopify reported that AI now writes over 50% of its code, enabling significant output with stable headcount. However, LLM costs, driven by heavy usage of its AI assistant Sidekick, are pressuring its subscription毛利率. Similarly, Roblox attributed a quarter of its full-year利润率下调 to increased AI investment. The article highlights a broader industry imbalance: combined AI capital expenditure for Amazon, Meta, Microsoft, and Google is projected to reach $725 billion in 2026, vastly outpacing potential savings from layoffs. For instance, Meta's planned裁员 would save about $2.4 billion annually, offsetting only ~12% of its incremental AI depreciation. While底层 model and chip suppliers like NVIDIA maintain high profitability, application-layer companies face a pricing squeeze. Their strategies now involve要么 tightly linking AI costs to user engagement (like Shopify) or introducing fees for advanced AI features (like Roblox), as covering AI bills with裁员 savings alone is financially unsustainable.

marsbitHá 16m

AI Inference Bills Soar, Shopify and Roblox Warn: Savings from Layoffs Not Enough to Cover Chip Costs

marsbitHá 16m

Has Hook Summer Really Arrived? sato, Lo0p, FLOOD Ignite the New Narrative of Uniswap v4

"Hook Summer" Arrives? Sato, Lo0p, FLOOD Ignite Uniswap v4 Narrative Amidst a slight market recovery, attention within the Ethereum ecosystem has shifted to Meme coins built on Uniswap v4's Hook protocol. Following ASTEROID, tokens like sato, sat1, Lo0p, and FLOOD have become market focal points, with market caps ranging from millions to tens of millions, bringing concentrated liquidity to a narrative-dry market. Uniswap v4 Hooks are "plugin smart contracts" that allow developers to inject custom logic at key points in a liquidity pool's lifecycle (initialization, adding/removing liquidity, swaps, etc.), making the AMM programmable. Recent representative projects include: * **sato**: Market cap peaked over $38M; uses a v4 curve mechanism for minting/burning, locking ETH as reserve. * **sat1**: Market cap briefly exceeded $10M, positioning as an "optimized sato," but later declined significantly. * **Lo0p**: Market cap neared $6.6M; a "lending AMM protocol" allowing users to borrow ETH against deposited LO0P tokens without immediate selling pressure. * **FLOOD**: Market cap approached $6M; channels trading reserves into Aave v3 to generate yield, which is retained in the pool. The emergence of these Hook-based tokens could drive long-term growth for the Uniswap ecosystem by attracting users and liquidity to v4 pools. Combined with Uniswap's activated fee switch (partially used to burn UNI), the long-term outlook for UNI appears positive. However, short-term UNI price appreciation is not directly guaranteed. Factors include the sustainability and lifecycle of these new tokens, their price volatility, overall market conditions, and regulatory pressures. Currently, Uniswap v4's TVL ($595M) lags behind v3 and v2, indicating Hook adoption still requires time to mature. In summary, the Hook ecosystem serves as "long-term nourishment" for UNI, but acts more as a "catalyst" than a direct "booster" in the short term. Note: These are early-stage experimental tokens and may carry unknown risks.

marsbitHá 26m

Has Hook Summer Really Arrived? sato, Lo0p, FLOOD Ignite the New Narrative of Uniswap v4

marsbitHá 26m

Has Hook Summer Truly Arrived? sato, Lo0p, FLOOD Ignite the New Uniswap v4 Narrative

With the broader market showing signs of recovery, a new wave of interest has emerged around Ethereum-based meme coins. Following ASTEROID, tokens like sato, sat1, Lo0p, and FLOOD, built upon the Uniswap v4 Hook protocol, are capturing market attention. Their market capitalizations range from millions to tens of millions of dollars, injecting much-needed focused liquidity into a market lacking narratives. This article explores whether this trend signifies an incoming "Hook Summer" and its potential impact on UNI's price. Hooks are essentially plug-in smart contracts for Uniswap v4 liquidity pools, allowing developers to inject custom logic at key points in a pool's lifecycle (like initialization, adding/removing liquidity, swaps). This transforms the AMM into programmable building blocks. Key highlighted projects include: * **sato**: Peaked over $38M market cap. It utilizes a v4 curve for minting/burning; buying locks ETH as reserve to mint new tokens, while selling redeems ETH from the reserve and burns tokens. * **sat1**: Market cap briefly exceeded $10M, promoted as an "optimized sato," but later declined significantly. * **Lo0p**: Reached nearly $6.6M. It's a lending AMM protocol where buying LO0P tokens locks them as collateral, allowing users to borrow ETH from the pool reserve at 40% LTV, aiming to improve capital efficiency for idle ETH in LPs. * **FLOOD**: Peaked near $6M. Its mechanism directs asset reserves from buys into Aave v3 to generate yield, with fees and interest retained in the pool to potentially influence the token's price long-term. In the long term, the development of the Hook ecosystem can attract users and liquidity to Uniswap v4, benefiting UNI's fundamentals—especially combined with the recent activation of the protocol fee switch, where a portion of fees is used to burn UNI. However, in the short term, these Hook-based tokens are unlikely to directly drive significant UNI price appreciation. Their impact is moderated by factors like token sustainability, price volatility, and broader market and regulatory conditions. Currently, Uniswap v4's TVL ($595M) still trails behind v2 and v3, indicating adoption and growth will take time. The article concludes that while the Hook ecosystem provides long-term "nourishment" for UNI, its short-term role is more of a "catalyst" than a "booster." Readers are cautioned that these are early-stage experimental tokens and may carry unknown risks.

Odaily星球日报Há 38m

Has Hook Summer Truly Arrived? sato, Lo0p, FLOOD Ignite the New Uniswap v4 Narrative

Odaily星球日报Há 38m

Interview with Michael Saylor: I Did Say I Would Sell Bitcoin, But Never a Net Sale

Interview with Michael Saylor: I Said We'd Sell Bitcoin, But Never Be a Net Seller In a recent podcast, MicroStrategy Executive Chairman Michael Saylor clarified the company's stance on potentially selling Bitcoin. Following MicroStrategy's earnings call statement about being prepared to sell BTC to fund dividends for its STRC (Strategic) credit product, Saylor emphasized the distinction between selling and being a "net seller." Saylor explained the core business model: MicroStrategy sells credit instruments like STRC and uses the proceeds to buy Bitcoin, which is viewed as "digital capital" expected to appreciate around 30-40% annually. A portion of these capital gains can then be used to pay the dividends on the credit products. He stressed that even if the company sells some Bitcoin for dividends, it simultaneously buys much more with new credit issuance. For example, after raising $3.2 billion from STRC sales in April, the dividend obligation was only $80-90 million, making the company a net buyer. The clarification aims to counter market narratives questioning the value of Bitcoin on MicroStrategy's balance sheet if it were never sold, and to dismiss claims of a "Ponzi scheme." Saylor reiterated his personal philosophy for investors: "Don't be a net seller of bitcoin" and ensure your Bitcoin holdings increase each year. Saylor also discussed Bitcoin's role as the foundation for "digital credit," noting that STRC has become the largest and most liquid preferred stock issue in the U.S., offering high risk-adjusted returns (Sharpe ratio). He highlighted Bitcoin's deep liquidity, stating that even large purchases by MicroStrategy do not move the market significantly, which is driven by macro factors, geopolitical tensions, and capital flows from ETFs and credit products. Finally, Saylor reflected on his early inspiration from sci-fi books, which motivated his path to MIT, and maintained his fundamental thesis on Bitcoin remains unchanged: it is superior digital capital enabling superior digital credit.

链捕手Há 43m

Interview with Michael Saylor: I Did Say I Would Sell Bitcoin, But Never a Net Sale

链捕手Há 43m

Trading

Spot

Futuros

Artigos em Destaque

Como comprar HOUSE

Bem-vindo à HTX.com!Tornámos a compra de Housecoin (HOUSE) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar Housecoin (HOUSE) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu Housecoin (HOUSE)Depois de comprar o teu Housecoin (HOUSE), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona Housecoin (HOUSE)Transaciona facilmente Housecoin (HOUSE) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

271 Visualizações TotaisPublicado em {updateTime}Atualizado em 2025.04.27

Discussões

Bem-vindo à Comunidade HTX. Aqui, pode manter-se informado sobre os mais recentes desenvolvimentos da plataforma e obter acesso a análises profissionais de mercado. As opiniões dos utilizadores sobre o preço de HOUSE (HOUSE) são apresentadas abaixo.