What was discussed at the significant crypto roundtable held at the White House?
On Monday local time, officials from the White House met with leaders from the cryptocurrency industry and major banking groups in an effort to resolve a key regulatory dispute that has slowed the progress of the long-awaited crypto market structure legislation, known as the CLARITY Act.
The meeting focused on one of the most contentious issues hindering the passage of the bill: whether stablecoin issuers and related third parties should be allowed to offer returns or incentives for holding stablecoins.
The discussions took place against the backdrop of ongoing lobbying by the banking sector, which has been urging lawmakers to include provisions in the CLARITY Act that would prohibit issuers and third parties from providing rewards…
