The White House will hold a meeting including Coinbase officials, banks and cryptocurrency lobbyists on February 2, 2026, to resolve disputes over the suspended CLARITY Act, a bill necessary to create a cryptocurrency market.
As predicted by Reuters The conference will be sponsored by the Cryptocurrency Council, and is expected to bring together the heads of several business groups.
In addition, sources familiar with the matter told the publication that the meeting will focus on how the currency will handle interest and rewards associated with dollar-denominated stablecoins held by customers.
No resolution has been reached, and if an agreement is not reached by Monday, then the meeting will be adjourned.
Exclusion: The White House will meet with banking and cryptocurrency industry officials on Monday to discuss the way forward for the popular crypto laws that have been stalled by a dispute between the two powerhouses, sources told Reuters. https://t.co/VYSlQUGN5i
A Coinbase representative will attend the White House meeting
Bloomberg reported on Thursday that a Coinbase representative will also be present at the meeting.
The meeting comes after work on a cryptocurrency law – known as the Clarity Act – was stalled due to… Coinbase CEO Brian Armstrong who publicly withdrew his support for the fund in mid-January.
A few hours after Coinbase came out, committee Chairman Tim Scott said that discussion of the rules would be postponed until a new date.
Cryptonews reported last week that the long-awaited cryptocurrency market regulation bill will be delayed Until the end of February or March .
However, major players in the cryptocurrency market are pushing for the law to be passed as soon as possible. Mr. Patrick Witt, the head of the President’s Council on Cryptocurrencies at the White House, requested … Immediate implementation of the planning order .
Additionally, the digital asset advocacy group, the Blockchain Association, recently thanked the White House for “bringing together stakeholders from all sides to work toward a consensus on stablecoin rewards.”
“Any sustainable and effective market-building policy must reflect mutual understanding and cooperation,” said CEO Summer Mersinger in a statement. The review was released last week . “We strongly support lawmakers working together to find a solution that provides clear information, protects consumers, and supports smart innovation.”
