White House to Host Talks With Crypto, Banking Execs on Stalled Digital Asset Markets Bill
The White House is convening executives from Coinbase, banks, and crypto lobbying teams on February 2, 2026, to resolve disputes over the stalled CLARITY Act, a key crypto market construction invoice.
First reported by Reuters, the summit might be hosted by the administration’s crypto council, and is predicted to meet executives from a number of commerce teams.
Further, sources acquainted with the matter advised the publication that the assembly will focus on how the invoice treats curiosity and rewards on dollar-pegged stablecoins held by clients.
A compromise on the proposal has nonetheless not been reached, regardless of almost two weeks of negotiations, insiders famous. If no settlement is reached by Monday, the assembly is probably going to be delayed, they added.
Coinbase Rep to be Present at White House Meeting
Bloomberg reported on Thursday {that a} consultant from Coinbase may even be current on the mentioned gathering.
The assembly arrives after the work on the crypto invoice – referred to as the CLARITY Act – stalled due to Coinbase CEO Brian Armstrong, who publicly withdrew assist for the draft laws in mid-January.
Hours after Coinbase pulled out, Committee Chairman Tim Scott mentioned that the markup of the laws can be postponed to a brand new date.
Cryptonews reported final week that the long-awaited landmark crypto market construction invoice can be delayed until late February or March.
That mentioned, key crypto business gamers have been pushing for the pressing passage of the laws. Patrick Witt, White House Executive Director of the President’s Crypto Council, referred to as for immediate implementation of the bill.
Besides, Bitwise CIO Matt Hougan on Wednesday warned that failure to cross complete regulation would drive digital belongings into what he described as a “present me” interval.
Senate Agriculture Committee Crypto Bill Progress – Here’s What Next
Separately, the Senate Agriculture Committee launched its personal model of that market construction invoice. The committee has rescheduled its crypto market structure markup for Thursday, due to a winter storm in Washington, D.C.
Additionally, digital-asset advocacy group Blockchain Association lately thanked the White House for “bringing stakeholders from each side of the desk to work towards a compromise on stablecoin rewards.”
“Any lasting and efficient market construction laws should replicate bipartisan engagement and collaboration on each side of the aisle,” mentioned CEO Summer Mersinger in a statement released last week. “We strongly assist lawmakers working collectively to ship an answer that gives regulatory readability, protects customers, and helps accountable innovation.”
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