White House Pushes for Comprehensive Crypto Regulation
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 2h ago- Regulatory Meeting: The White House plans to meet with senior executives from banks and crypto companies on Monday to seek common ground on legislation that has stalled due to industry disagreements.
- Industry Representation: The meeting, hosted by the White House's crypto council, will include executives from various trade associations representing both sectors, ensuring comprehensive discussions on mutual interests.
- Focus on Stablecoins: Discussions will center on how the draft legislation addresses interest and similar returns that could be offered to customers through dollar-pegged crypto assets known as stablecoins, highlighting consumer protection concerns.
- Policy Commitment: This meeting is seen as an effort by the White House to pave the way for a compromise between banks and crypto companies, demonstrating the Trump administration's strong commitment to implementing this critical regulation.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
