No Agreement Reached In White House Meeting Between Banks And The Crypto Industry

Will Stablecoin Yield Survive the Clash Between Banks and Crypto?

This article was first published on Deythere. The clash over whether stablecoins should be permitted to offer yield or rewards is now one of the most talked about policy battles in the U.S. crypto industry this year.  Top bank bosses and crypto firm executives have met with inside the White House in Washington more than once to hash out their differences over how digital money should be regulated under the CLARITY Act.  Though some say the dialo…

No Agreement Reached In White House Meeting Between Banks And The Crypto Industry

A second White House meeting between major U.S. banks and leading crypto firms ended without a deal on stablecoin yield, leaving one of the most contentious issues in U.S. digital asset regulation unresolved. Related Reading: Solana Gets A Big Infra Signal As Alibaba Demos High-Performance RPCs The February 10 session, led by Patrick Witt, Executive […]

Banks Take Hard Line on Stablecoin Yields as White House Talks Stall

Banks and crypto executives met again at the White House this week to settle a dispute over stablecoin rewards, but the talks ended without agreement ahead of a March 1 deadline set by the administration. The standoff centers on whether crypto firms can offer yield on dollar-pegged tokens without draining deposits from traditional banks. White House Talks Narrow Gaps But Yield Ban Remains Sticking Point Details from the closed-door meeting were …

Stablecoin Wars: Inside the White House Battle Between Crypto and Traditional Banks

TLDR: Banks presented written prohibition principles limiting crypto’s ability to offer stablecoin rewards  Crypto industry demands broad definitions of permissible activities allowing competitive yields  Both sides described talks as productive but failed to reach compromise before March 1 deadline  Permissible account activities remain the main battleground between traditional and digital finance    Crypto firms and banking institutions met f…

Ripple CLO to XRP Army: “Compromise Is in the Air”

Regulatory clarity is shaping up as the next big milestone for crypto, and Ripple is front and center. Stablecoin reward programs—long a gray area in U.S. law—are now seeing real progress thanks to high-level talks between banks and crypto innovators. White House Session Signals Momentum Eleanor Terrett reported that a focused follow-up White House meeting on stablecoin yields gathered top executives from banks, crypto firms, and trade associati…

White House Talks Stall Despite a ‘Productive’ Meeting

White House talks on stablecoin rules showed progress but ended without a final deal between banks and crypto firms.