According to the White House, U.S. banks refused to attend discussions on how stablecoin rewards would be handled under the CLARITY Act, leaving a policy issue unresolved in a proposed U.S. crypto market structure bill.
The White House said U.S. banks refused to participate in meetings aimed at resolving a stablecoin rewards issue tied to the CLARITY Act, a proposed U.S. crypto market structure bill. The source did not identify the banks involved, specify the meeting schedule, or explain the exact policy solution under discussion. A separate crypto news roundup that included this item also cited a Washington insider’s warning that a U.S. defeat in Iran is now "likely," describing it as a potential macro risk for Bitcoin, though no further details were provided on that claim.