《Reuters》: White House to convene bank and crypto executives next Monday to advance <i>CLARITY Act</i> legislation

By: theblockbeats.news|2026/01/29 09:00:25

0

Share

copy

BlockBeats News, January 29th, according to Reuters, citing sources familiar with the matter, the White House will hold a meeting on Monday with executives from the banking and cryptocurrency industries to seek a way forward for milestone cryptocurrency legislation (the "CLARITY Act") that has been deadlocked due to the opposing views of the two major industries.

The meeting, hosted by the White House Cryptocurrency Working Group, will invite executives from various industry associations to participate. Sources said the meeting will focus on how the legislation addresses the interest and other benefits provided by cryptocurrency companies to customers holding US dollar-pegged tokens (i.e., stablecoins).

This White House meeting may help the two major industries, which are fiercely at odds over the bill, reach a compromise, while also highlighting the Trump administration's urgent desire to see the legislation passed. Trump actively sought support from the cryptocurrency industry during his campaign and pledged to promote the mainstream adoption of crypto assets.

-- Price

You may also like

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)

How to Automate Your Workflow with AI (No Code Required)

Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Quantum computing will not overturn blockchain, but it will force a reconstruction of its security system.

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

What is Auto Earn in crypto? Compare Kraken, OKX, Bybit, Binance, and WEEX Auto Earn features in 2026 and see which platforms provide additional promotional rewards beyond standard yield mechanisms.

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

In the crucial window of legislative bargaining, using political contributions to advance industry interests.

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

When AI is both the attacker and the defender, can cybersecurity still hold up?

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

The two companies have a valuation difference of more than two times, but they are vying for the same pool of investors' money.

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Quantum computing will not upend blockchain, but it will force its security to be restructured.

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

On April 21, if you are also in Hong Kong, you will have the opportunity to showcase your skills live.

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

The CLARITY Act may reshape stablecoin yield rules, DeFi incentives, and crypto liquidity in 2026. Learn the latest Senate updates, timeline changes, and what the regulation could mean for crypto traders.

Bitcoin mining companies flee for the Nth time

Bitcoin mining companies flee for the Nth time

When mining no longer generates sufficient economic returns, the rational business decision is naturally to shift resources; however, if this trend continues to spread, the question of who will bear the long-term costs of maintaining the security of the Bitcoin network will become a problem that mus...

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)

Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

Popular coins

Latest Crypto News

23:42

Michael Saylor: A global consensus has formed that "Bitcoin is digital capital."

Strategy founder Michael Saylor posted on the X platform, stating that a global consensus has formed that Bitcoin is "digital capital," and the market structure is undergoing a fundamental transformation. He believes that the traditional "four-year cycle" is no longer applicable, and Bitcoin's price...

22:42

Data: The current whale position on the Hyperliquid platform is 3.458 billion USD, with a long-short position ratio of 1.04

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.458 billion, with long positions of $1.765 billion, accounting for 51.05% of the holdings, and short positions of $1.693 billion, accounting for 48.95%. The profit and loss for long positions is -$11...

22:42

"Federal Reserve's megaphone": Low employment growth may become the new normal, but it is particularly vulnerable in the context of war

According to Jinshi reports, "Fed mouthpiece" Nick Timiraos wrote that 178,000 new jobs were added in March, reversing the significant decline in February. The unemployment rate also dropped to 4.3%.However, some details are not very optimistic, as wage growth for ordinary workers has slowed to the ...

22:42

Data: 1829.86 BTC transferred from Hyperunit, worth approximately 2.838 million USD

According to Arkham data, at 21:04, 1829.86 BTC (worth approximately 2.838 million USD) was transferred from Hyperunit to Wintermute.

22:42

F2Pool co-founder Wang Chun: The Bitcoin protocol upgrade should not involve political compromises

F2Pool co-founder Wang Chun stated on platform X that the Bitcoin protocol upgrade should not adopt practices similar to those of American politicians who forcefully advance "some necessary but unpopular provisions" through "omnibus bills." This is also a significant reason for his opposition to BIP...