Exclusive-White House Set to Meet with Banks, Crypto Companies on Legislation Clash
The White House aims to settle a dispute delaying the Clarity Act, with a report estimating stablecoins could divert $500 billion from banks by 2028.
10 Articles
10 Articles
Exclusive-White House set to meet with banks, crypto companies on legislation clash
Jan 28 : The White House on Monday will meet with executives from the banking and cryptocurrency industries to discuss a path forward for landmark crypto legislation which has stalled due to a clash between the two powerful sectors, said three people familiar with the matter. The summit hosted by the White H
Stablecoin Yields Challenge Traditional Banking as White House Brokers Industry Talks
TLDR; Stablecoin platforms offer yields near 4.9% while major banks provide near-zero interest on deposits. White House facilitates meetings between crypto executives and traditional banking leaders on regulation. Crypto firms operate with minimal staff and overhead, passing Treasury bill yields directly to users. Banks seek regulatory requirements forcing stablecoin issuers to obtain banking licenses before offering yield. Traditional ban…
White House holds talks with crypto and banking executives on new rules
White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns. The White House is set to meet with banking and cryptocurrency leaders to push forward federal crypto legislation. Discussions will focus on stablecoin interest and financial rules under the Clarity Act. The bill aims to provide clarity for digital assets but faces delays over competition and financial stability concerns. Cr…
White House Convenes High-Stakes Meeting Between Coinbase, Banks and Crypto Groups to Resolve Legislative Dispute
TL;DR The White House mediates between banks and Coinbase over restrictions on stablecoin yield offerings. The core dispute is direct competition for customer deposits between traditional and crypto products. The meeting aims to forge a compromise to salvage the stalled CLARITY Act legislation. The White House is convening leaders from Coinbase, major banks, and crypto trade groups for a high-stakes meeting on Monday, February 2, 2026, aiming t…
White House Unites Banks and Crypto Firms as CLARITY Act Deadlock
Officials in the Trump administration are preparing a Monday meeting between White House crypto policymakers and senior executives from the banking and digital-asset sectors as lawmakers push to revive the stalled CLARITY Act. People familiar with the plan described a gathering hosted by the White House’s crypto council that will bring together industry trade groups to dissect how the bill treats interest and other rewards tied to dollar-pegged …
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