The White House supports limited stablecoin rewards in the crypto market structure bill, aiming for a compromise with banks to advance legislation, amid ongoing negotiations on regulatory protections. #Update #Crypto $USDC
@Coinbase’s Paul Grewal reported progress in White House talks on U.S. digital assets legislation, but no deal on stablecoin yield rewards; bankers remain firm against compromises. #Update #Crypto $USDC
@Hyperliquid has launched a U.S. lobbying group, the Hyperliquid Policy Center, with $29 million in HYPE tokens to influence DeFi regulation amid ongoing legislative discussions. #Update #Crypto $HYPE
Policymakers in North America express concerns over crypto mining’s energy use, but @Paradigm argues it aids grid balance; new bills introduced to limit data centers’ impact on electricity costs. #Update #Crypto $BTC
U.S. Treasury Secretary Scott Bessent criticized crypto industry “nihilists” resisting the Digital Asset Market Clarity Act, emphasizing its necessity for regulatory progress; further Senate discussions are planned. #Update #Crypto $BTC
White House meeting on crypto market structure bill addressed stablecoin yield issues, with progress noted despite ongoing legislative challenges. Talks will continue amid potential government shutdown. #Update #Crypto $USDT
Dozens of crypto groups, led by the @Solana Policy Institute, petitioned President Trump for regulatory support amid Congress delays, emphasizing protections for DeFi and taxation clarity. #Update #Crypto $SOL
@Coinbase CEO Brian Armstrong and other industry leaders will meet with Senate Republicans after discussions with Democrats on crypto regulation, amid ongoing government shutdown. #Update #Crypto $BTC $ETH
