US EditionWhite House to Host Meeting Between Bank and Crypto Next Week to Discuss Digital Asset Legislation
5 Articles
5 Articles
White House to Host Banking-Crypto Summit to Restart Progress on Crypto Bill
The White House’s crypto council plans to host a summit for executives from trade groups representing the banking and cryptocurrency industries in an effort to restart progress that was being made on crypto legislation, Reuters reported Wednesday (Jan. 28). The meeting will focus on a key issue that caused the movement of the legislation to stall: the bill’s provisions having to do with interest and other rewards crypto companies can o…
Key points of the news: The White House between banks and Coinbase due to restrictions on stablecoins yields. The key point is direct competition for deposits between banking products and crypto. The meeting seeks a compromise to save the CLARITY law, paralyzed by disagreements. The White House is calling for leaders of Coinbase, major banks and crypto business groups for a high-level meeting on Monday, February 2, 2026, with the aim of resolvin…
White House to lead talks on digital asset legislation with banks and crypto firms
White House to discuss digital asset legislation with banks and crypto firms, focusing on stablecoin rewards and industry regulations. The post White House to lead talks on digital asset legislation with banks and crypto firms appeared first on Crypto Briefing.
The White House brings together banks and crypto players to unlock the U.S. law on market structure, blocked because of the treatment of stables and their returns. Banks oppose paid stables, which they see as a direct threat to bank deposits and the stability of the financial system. The crypto industry defends returns as economic progress and a lever of innovation, believing that a ban would hinder the competitiveness of the United States.The b…
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