#BREAKING #CryptoBill Today The White House hosted a high-profile, closed-door meeting with major banks and crypto industry representatives. This was the second such meeting focused on resolving key issues in U.S. crypto regulation, particularly around stablecoin yields (whether stablecoins can offer interest or rewards) and broader market structure legislation like the CLARITY Act.
Key participants included:
• Traditional banks: JPMorgan, Bank of America, Wells Fargo (and related trade groups).
• Crypto firms: Coinbase, Circle, Tether (USDT issuer), and others like Ripple.
The goal was to broker a compromise on stablecoin rules, which has been a major blocker for advancing comprehensive crypto legislation. This could influence the future of stablecoins, market clarity, and potentially boost the overall crypto sector if progress is made.
Many in the crypto community view this as a bullish development for regulatory clarity under the current administration, with some calling it “history in the making” for Bitcoin and crypto.
No major public crypto conferences or “bull run” specific events appear to have occurred today beyond this policy-focused White House session. Other events like Consensus Hong Kong are ongoing or upcoming (starting around Feb 10-12 in Hong Kong), but they’re separate multi-day gatherings.
Crypto markets can react to such news, so keep an eye on updates from reliable sources like CoinDesk, Cointelegraph, or official announcements. Note that outcomes from closed-door talks may not be immediate or fully public right away.
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