The post White House crypto meeting dug into stablecoin yield debate on market structure bill appeared on BitcoinEthereumNews.com.

At a White House meeting called to thaw the ice between crypto firms and Wall Street bankers, the eager crypto insiders — who outnumbered the bankers by a wide margin — came away feeling the banks were dragging their heels on making a deal on crypto market structure legislation. The White House gave them all new marching orders, according to people familiar with the talks: Get to a compromise on new language on stablecoin yields before the month is out. The crypto industry’s top policy priority is still struggling to make headway in the U.S. Senate, and the longer it’s delayed from getting a floor vote in the overall Senate, the less likely it is to happen this year. The Monday gathering — led by President Donald Trump’s crypto adviser Patrick Witt — was largely focused on whether stablecoins should be associated with yield and rewards. Policy experts from the crypto industry and Wall Street banks gathered in the White House’s Diplomatic Reception Room for more than two hours to discuss how to overhaul the stickiest provisions of the bill, the people said. The talks will continue with a narrower group, the people said, and the White House has asked them to come to the table ready to agree on actual changes to the bill’s language. One of the people said that the banking representatives were members of trade associations and may need to get buy-in from their members before they can make a move in the negotiation. For their part, the banking participants said in a joint statement that they’re willing to keep at it “to help develop thoughtful, effective policy.” “We must ensure that any legislation supports the local lending to families and small businesses that drives economic growth and protects the safety and soundness of our financial…

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Filed under: News - @ February 3, 2026 1:13 am