White House Cryptocurrency Summit Becomes Focus on Friday, Experts Predict Three Major Outcomes

CoinNetwork · 2026-02-26T15:25:20+00:00

The White House will hold a meeting with the cryptocurrency industry and banks this Friday to push for the passage of the CLARITY Act before the deadline. The discussion will focus on whether rewards linked to user behavior are legal, and a reconciliation between banks and stablecoins may be reached, but significant breakthroughs are unlikely in the short term.

CoinNetwork

2026-02-26 15:25:20

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This Friday, the White House will hold another meeting between the cryptocurrency industry and major bank representatives, aiming to push the long-stalled Cryptocurrency Market Structure Act (CLARITY Act) to pass before the March 1 deadline. Although the key debate over whether stablecoin balances should accrue interest appears to have been set aside, current discussions focus on the legality of rewards linked to user behavior. Market expert Paul Barron believes this meeting could make significant progress, including potential agreements between banks and stablecoin issuers, a formal strategy for cryptocurrency reserves (BTC, ETH, XRP) from the Treasury Department, and the SEC’s “safe harbor” guidelines. However, sources indicate that breakthrough progress is unlikely in the short term, and the focus may soon shift back to unresolved issues like DeFi and ethics.

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