Banks, Crypto Firms Face February Deadline on Stablecoin Yield Rules
The post Banks, Crypto Firms Face February Deadline on Stablecoin Yield Rules appeared on BitcoinEthereumNews.com.
The crypto bill could see some headway at the end of February. This comes as White House officials set a deadline at the end of the month for banks and crypto firms to sort out the concerns related to stablecoin yields that have stalled the progress of the legislation. White House Sets February Deadline for Crypto Bill Progress According to reports, the White House told the parties involved that they have until the end of February to reach an agreement on matters that have stalled the bill’s passage. This came at the negotiation meeting between the bank and crypto firm executives. The government officials had been pressing for the progress of the market bill for weeks. They set up negotiations to organize between the institutions currently clashing over major issues. Experts from the digital assets world and banking circles on met for over two hours in the White House to hash out how to fix the toughest parts of the crypto market bill. The talks are said to resume later on with a smaller group. The White House has instructed them to be prepared to agree on changes to the language of the bill. One of the participants said that the banking reps were from trade associations. This means they may need to get clearance from their members before they can make a move on the negotiation. After the meeting, the Banking reps released a statement saying they are willing to discuss a crypto bill that benefits both parties. “We must ensure that any legislation supports the local lending to families and small businesses that drives economic growth,” they said. “Banks of all sizes will continue to work with lawmakers, the White House and other stakeholders to help develop thoughtful, effective policy around digital assets.” To note, there was no…
Filed under: News - @ February 3, 2026 5:25 am