Patrick Witt, Executive Director of the White House Digital Assets Advisory Committee, stated that the White House is pushing for the 'Digital Asset Market Clarity Act' to be passed by Congress before July 4. The Senate Banking Committee is expected to advance the review this month, with a four-week Senate work period in June planned to push for a full Senate vote. Patrick Witt also mentioned that the disputes surrounding stablecoin yield provisions have been largely resolved. The current proposal will prohibit stablecoin yields similar to bank deposit interest but will allow reward mechanisms tied to consumer behavior. Additionally, the White House is negotiating with Congress on conflict-of-interest provisions applicable to all government officials, rather than targeting specific politicians or their families. (CoinDesk) https://(wublock123.com)/news/white-house-pushes-digital-asset-market-clarity-act-before-july-4-60658