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Crypto, Banks, and the White House Clash Over Stablecoin Rewards
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Live Bitcoin News
White House mediates bank and crypto clash over stablecoin rewards as Senate delays the Clarity Act and broader US crypto rules up.
The White House is moving to address rising tensions between crypto firms and banks over stablecoin rewards.
White House moves to manage crypto and bank tensionsThe White House plans to host a meeting with senior executives from banks and crypto companies.
The talks will be led by the White House crypto council, according to industry sources familiar with the plans.
Stablecoin rewards drive the policy disputeThe main dispute involves whether crypto firms should be allowed to offer rewards on stablecoins.