Trump Administration to Resume Discussions on Stablecoin Yield Issues with Banking and Crypto Industries on the 11th

According to banking industry sources, the White House is set to resume discussions on the 11th next week concerning the stablecoin yield issues under the proposed Clarity Act for cryptocurrency market structure. This was reported by Eleanor Terrett of Fox Business on the 7th. Although the meeting will again be at the staff level, representatives from the banking industry itself, in addition to cryptocurrency industry groups, are expected to attend. The White House, led by President Trump, also hosted discussions organized by the Cryptocurrency Council earlier this week on the 4th, but no agreement was reached. According to Reuters, the American Bankers Association, Inde...