《Reuters》: White House to convene bank and crypto executives next Monday to advance <i>CLARITY Act</i> legislation
BlockBeats News, January 29th, according to Reuters, citing sources familiar with the matter, the White House will hold a meeting on Monday with executives from the banking and cryptocurrency industries to seek a way forward for milestone cryptocurrency legislation (the "CLARITY Act") that has been deadlocked due to the opposing views of the two major industries.
The meeting, hosted by the White House Cryptocurrency Working Group, will invite executives from various industry associations to participate. Sources said the meeting will focus on how the legislation addresses the interest and other benefits provided by cryptocurrency companies to customers holding US dollar-pegged tokens (i.e., stablecoins).
This White House meeting may help the two major industries, which are fiercely at odds over the bill, reach a compromise, while also highlighting the Trump administration's urgent desire to see the legislation passed. Trump actively sought support from the cryptocurrency industry during his campaign and pledged to promote the mainstream adoption of crypto assets.
You may also like

Slow Down, That's the Answer to the Age of the Agent

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments

Who will own the most Bitcoin in 2026

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized

2% user contribution, 90% trading volume: The real picture of Polymarket

Trump Can't Take It Anymore, 5 Signals of the US-Iran Ceasefire

Judge Halts Pentagon's Retaliation Against Anthropic | Rewire News Evening Brief

Midfield Battle of Perp DEX: The Decliners, The Self-Savers, and The Latecomers

Iran War Stalemate: What Signal Should the Market Follow?

Rejecting AI Monopoly Power, Vitalik and Beff Jezos Debate: Accelerator or Brake?

Insider Trading Alert! Will Trump Call a Truce by End of April?

After establishing itself as the top tokenized stock, does Ondo have any new highlights?

