🗞️ Key points from today’s developments:

• The White House hosted a meeting with crypto and banking representatives to dig into disagreements over how stablecoin yield should be treated in the pending U.S. Senate market structure bill — but no resolution has been reached yet. �

• The session was described by a participant as exactly the progress needed, yet stablecoin yield remains a key sticking point between traditional banks and crypto firms. �

• This meeting follows efforts by the administration to broker a compromise as the legislation has stalled and faces political and industry pushback. �

• The Senate has advanced parts of the cryptocurrency market structure bill through committee, but lingering differences — especially on stablecoin yield — continue to complicate the path forward. �

coindesk.com

coindesk.com

TheStreet +1

CoinGeek

Context:

The debate centers on whether stablecoin issuers should be permitted to offer yields or interest on holdings, with banks warning such products could pull deposits from traditional financial institutions, while crypto firms argue yield is essential for competitiveness and innovation. �$BTC #BTC走势分析 #btc70k #BTC突破7万大关