White House floats limited stablecoin rewards in third crypto, bank meeting
White House crypto adviser Patrick Witt reportedly refocused crypto and bank lobby talks on a crypto bill to allow stablecoin rewards tied to transaction activity.
White House crypto adviser Patrick Witt reportedly refocused crypto and bank lobby talks on a crypto bill to allow stablecoin rewards tied to transaction activity.
Original source
Read on CointelegraphRelated market context
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Japan’s SBI is using XRP to solve a banking problem
SBI Shinsei Bank is reportedly offering crypto deposit rewards to customers, with vouchers worth 20% of their interest payments re...
White House Crypto Council brings law enforcement to the table on Clarity Act concerns
The inclusion of law enforcement in crypto regulation discussions may lead to stricter oversight, impacting innovation and market...
Community bank group launches ad campaign warning of stablecoin risks
The campaign highlights potential regulatory shifts that could reshape the competitive landscape between traditional banks and dig...
Japan’s Lower House Passes Sweeping Bill to Regulate Crypto Like Stocks, Opening a Path to Lower Taxes and ETFs
Japan’s lower house passed a sweeping bill on Thursday to regulate cryptocurrencies like stocks, a structural shift for one of the...
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...