Bitcoin Magazine White House to Host Crypto and Banking Executives for Talks on Stalled U.S. Crypto Bill The White House is reportedly convening banking and cryptoBitcoin Magazine White House to Host Crypto and Banking Executives for Talks on Stalled U.S. Crypto Bill The White House is reportedly convening banking and crypto

White House to Host Crypto and Banking Executives for Talks on Stalled U.S. Crypto Bill

2026/01/29 03:30
3 min read

Bitcoin Magazine

White House to Host Crypto and Banking Executives for Talks on Stalled U.S. Crypto Bill

The White House will convene executives from the banking and crypto sectors on Monday, February 2 to discuss a path forward for stalled U.S. crypto legislation, according to Reuters reporting.

Hosted by the administration’s crypto council, the summit is expected to include leaders from major trade associations and focus on contentious provisions — particularly how proposed law would treat interest and other rewards that crypto firms pay on customer holdings of dollar-pegged stablecoins.

The meeting shows the Trump administration’s eagerness to broker a compromise and advance the legislation after negotiations floundered amid competing priorities and industry pushback. 

Reuters reported that the White House had no immediate comment on the matter and that the three sources familiar with the deliberations spoke on condition of anonymity.

Crypto legislation background 

U.S. federal crypto policy has been at a standstill following months of legislative activity that raised expectations for comprehensive regulation. 

The House passed a major market-structure bill — the CLARITY Act — in July 2025, sending it to the Senate with hopes of establishing clear rules for digital assets and defining regulatory authority between the Securities and Exchange Commission and the Commodity Futures Trading Commission.

However, Senate progress collapsed in early January when the Senate Banking Committee postponed its planned markup of the CLARITY Act after influential industry voices, including Coinbase, withdrew their support. 

Critics argued that late-stage amendments weakened crypto innovation by tightening restrictions on stablecoin rewards, altering DeFi oversight and shifting power toward traditional financial regulators.

“After reviewing the Senate Banking draft over the last 48 hours, Coinbase unfortunately can’t support this bill as written,” Coinbase CEO Brian Armstrong said at the time.

Coinbase’s CEO publicly accused major banks of lobbying to alter the bill’s stablecoin provisions in ways that could undermine the industry and stifle yield-earning products, further deepening the rift between banking interests and crypto advocates.

The delay has left regulatory clarity unresolved, with the Senate debate now entangled in broader political negotiations and procedural postponements. 

The Senate Agriculture Committee is scheduled to vote tomorrow on a crypto market structure bill that would clarify regulatory jurisdiction over digital asset markets. 

The markup is expected to include several amendments related to crypto, with lawmakers ultimately deciding whether to advance the bill to the Senate floor. While Democratic support for the legislation remains uncertain, the absence of unrelated amendments widely viewed as deal-breakers has helped push the expectations that the bill could move forward. 

This post White House to Host Crypto and Banking Executives for Talks on Stalled U.S. Crypto Bill first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

And the Big Day Has Arrived: The Anticipated News for XRP and Dogecoin Tomorrow

And the Big Day Has Arrived: The Anticipated News for XRP and Dogecoin Tomorrow

The first-ever ETFs for XRP and Dogecoin are expected to launch in the US tomorrow. Here's what you need to know. Continue Reading: And the Big Day Has Arrived: The Anticipated News for XRP and Dogecoin Tomorrow
Share
Coinstats2025/09/18 04:33
Tokenized Assets Shift From Wrappers to Building Blocks in DeFi

Tokenized Assets Shift From Wrappers to Building Blocks in DeFi

The post Tokenized Assets Shift From Wrappers to Building Blocks in DeFi appeared on BitcoinEthereumNews.com. RWAs are rapidly moving on-chain, unlocking new opportunities for investors and DeFi protocols, according to a new report from Dune and RWAxyz. Tokenized real-world assets (RWAs) are moving beyond digital versions of traditional securities to become key building blocks of decentralized finance (DeFi), according to the 2025 RWA Report from Dune and RWAxyz. The report notes that Treasuries, bonds, credit, and equities are now being used in DeFi as collateral, trading instruments, and yield products. This marks tokenization’s “real breakthrough” – composability, or the ability to combine and reuse assets across different protocols. Projects are already showing how this works in practice. Asset manager Maple Finance’s syrupUSDC, for example, has grown to $2.5 billion, with more than 30% placed in DeFi apps like Spark ($570 million). Centrifuge’s new deJAAA token, a wrapper for Janus Henderson’s AAA CLO fund, is already trading on Aerodrome, Coinbase and other exchanges, with Stellar planned next. Meanwhile, Aave’s Horizon RWA Market now lets institutional users post tokenized Treasuries and CLOs as collateral. This trend underscores a bigger shift: RWAs are no longer just copies of traditional assets; instead, they are becoming core parts of on-chain finance, powering lending, liquidity, and yield, and helping to close the gap between traditional finance (TradFi) and DeFi. “RWAs have crossed the chasm from experimentation to execution,” Sid Powell, CEO of Maple Finance, says in the report. “Our growth to $3.5B AUM reflects a broader shift: traditional financial services are adopting crypto assets while institutions seek exposure to on-chain markets.” Investor demand for higher returns and more diversified options is mainly driving this growth. Tokenized Treasuries proved there is strong demand, with $7.3 billion issued by September 2025 – up 85% year-to-date. The growth was led by BlackRock, WisdomTree, Ondo, and Centrifuge’s JTRSY (Janus Henderson Anemoy Treasury Fund). Spark’s $1…
Share
BitcoinEthereumNews2025/09/18 06:10
SlowMist: ClawHub is increasingly becoming a new target for attackers to poison supply chains.

SlowMist: ClawHub is increasingly becoming a new target for attackers to poison supply chains.

PANews reported on February 9th that, according to SlowMist monitoring, ClawHub, the official plugin center of the open-source AI agent project OpenClaw, is increasingly
Share
PANews2026/02/09 10:51