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ETH $2,017.14 -1.94%
BNB $640.60 -1.81%
XRP $1.32 -0.79%
SOL $82.42 -1.29%
TRX $0.3534 -4.32%
DOGE $0.1001 -1.71%
ADA $0.2354 -1.89%
BCH $301.39 -12.15%
LINK $9.02 -3.05%
HYPE $60.67 +0.90%
AAVE $81.38 -4.21%
SUI $0.9317 -5.31%
XLM $0.2083 +24.54%
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White House Advisor: Multiple differences in the "Clarity Act" are gradually being resolved, and the compromise plan for stablecoin yields is expected to be maintained

Patrick Witte, the Executive Director of the White House Digital Assets Presidential Advisory Committee, stated on Monday that substantive progress is being made in Senate negotiations surrounding the Clarity Act, with a compromise reached on the issue of stablecoin yields expected to hold, and the focus of negotiations has shifted to other unresolved topics.The issue of stablecoin yields was previously the biggest obstacle to advancing the bill. Banking lobbyists successfully persuaded some senators that providing yields similar to bank interest to stablecoin holders would threaten the traditional banking deposit base, causing the bill to reach an impasse. Witte stated, "We hope that the compromise reached will be durable and stable. Resolving this issue is a prerequisite for advancing other pending matters." Last week, the White House economic advisors released a report downplaying the risk concerns raised by the banking industry; in response, the American Bankers Association rebutted on Monday, claiming the White House's arguments were flawed.In addition to stablecoin yields, the bill also faces several disagreements, including illegal financial protection mechanisms in the DeFi space and a demand from Democrats to prohibit senior government officials (specifically targeting President Trump) from profiting from the crypto industry. Witte did not disclose which topics have reached consensus but indicated that negotiations have "made considerable progress behind the scenes," stating, "We are very close to comprehensively resolving these issues." The Clarity Act still needs to go through the Senate Banking Committee's markup review process before being submitted for a full Senate vote. Witte expressed optimism about reaching a final agreement, noting that many issues that previously seemed stuck have gradually been resolved.

OnGreen Appoints Abbie Tsang as Advisor to Drive Commercial Growth and ESG Integration for Oasis Journey

OnGreen, the Web3-enabled platform bridging green technology with MENA's transformation needs, today announced the appointment of Abbie Tsang as an Advisor. Abbie brings over 15 years of business development leadership, most notably as Head of SME Business Development at American Express Hong Kong, where she delivered 190% portfolio growth and consistently exceeded sales targets by 275%. A Certified ESG Planner, Abbie merges growth strategy with sustainability metrics, helping organizations unlock new market opportunities while mitigating risk. Her expertise spans go-to-market strategy, strategic partnerships, and purpose-led client solutions. At OnGreen, Abbie will lead partnership expansion, connecting ESG experts, industry associations, investors, and enterprises. She will advise on B2B client acquisition and spearhead commercialization of OnGreen platform's cutting-edge suite of services. "I have spent my career helping businesses grow by aligning commercial strategy with market needs," said Abbie. "What excites me about OnGreen is applying this experience to something truly transformative. By bringing together ESG expertise, strategic partners, and enterprise clients, we can accelerate OnGreen's technology adoption across MENA—creating synergy that delivers both environmental impact and tangible business value."
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