Banks and crypto CEOs set for White House talks on stablecoin legislation impasse
Bank CEOs and crypto bosses are heading to the White House on Monday to sort out a growing fight over stablecoin laws, according to a report from Reuters.
The meeting is being put together by President Donald Trump’s crypto council, and it’s expected to get heated.
The issue on the table is whether crypto companies should be allowed to give people interest or rewards when they hold digital dollars called stablecoins.
Three people close to the talks say trade group leaders and top names from both sectors will be in the room. The White House has yet to say anything publicly.
But this sit-down shows Trump’s team wants to finally get this stuck bill passed and avoid a bigger mess later.
The bill is called the Clarity Act. The…
