US Senators, White House Strike ‘Agreement In Principle’ To Resolve Bank-Crypto Clash – Politico | Crypto Craft

  • US Senators, White House Strike ‘Agreement In Principle’ To Resolve Bank-Crypto Clash – Politico

    From politico.com

    Key senators say they have clinched a tentative agreement with the White House on language they hope to include in cryptocurrency legislation that is aimed at resolving a clash between banks and digital asset firms over stablecoin yield, marking a potential major breakthrough for the bill. The agreement between Sen. Thom Tillis (R-N.C.), Sen. Angela Alsobrooks (D-Md.) and White House officials could clear the way for a landmark crypto regulatory bill to advance in the coming weeks. The legislation has been stalled in the Senate Banking Committee since January, in part due to the rift between banks and crypto firms. ... (full story)

Comment Options
  • Story Stats

  • Related Stories