White House crypto bill talks ‘productive,’ but no deal yet

The second meeting between crypto and the banks at the White House over the crypto market structure bill has yet to come to an agreement on stablecoin provisions.

A White House-brokered meeting between crypto and bank representatives to reach an agreement on stablecoin provisions in the market structure bill has been described as “productive,” but remains unresolved. 

“Productive session at the White House today — compromise is in the air,” Ripple legal chief Stuart Alderoty, one of the meeting’s attendees, posted to X on Tuesday. 

“Clear, bipartisan momentum remains behind sensible crypto market structure legislation. We should move now — while the window is still open,” he added.

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