Inside The White House’s Crucial Crypto Meeting With Banks: Main Takeaways
White House officials met on Monday with leaders from the crypto industry and major banking trade groups in an effort to ease a key regulatory dispute that has slowed progress on the long‑anticipated crypto market structure legislation, known as the CLARITY Act. The meeting focused on one of the most contentious issues holding up the […]
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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 […]
The Department of Labor’s (DOL) proposed rule to allow crypto investment options for 401(k) retirement plans has cleared the White House’s regulatory review, bringing digital assets closer to the US’s $10 trillion market. Related Reading: $35M Breakthrough: Irish Authorities Crack Bitcoin Wallet Linked To 2019 Drug Seizure White House Clears DOL’s Proposed 401(k) Rule The […]
Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House’s call on them to do “reliability assessments of current and projected crypto-asset mining operations on electricity system reliability and adequacy.” However, a commissioner at the Federal Energy Regulatory Commission, Allison Clements, insists crypto mining should not be singled out from grid studies. Agencies Reviewing White House Recommendations Jared Huffman, a....
A White House meeting aimed at breaking the logjam over stablecoin rewards under pending crypto market structure legislation aka Clarity Act ended without a compromise, even as both banking and crypto participants described the session as “productive,” according to details shared by Crypto In America reporter Eleanor Terrett citing sources in the room. The follow-up […]
The speaker, though saying the boosted offer comes up short in several areas, didn't shut the door on a deal.