The White Home convened a high-level assembly between representatives of conventional banking and the bitcoin (BTC) and cryptocurrency business. The first goal of this assembly, which is able to happen on Monday, February 2, 2026, is to achieve a consensus that permits the approval of long-awaited laws, able to offering readability and stability to the complete ecosystem.
Based on Reuters, sources contained in the business counsel that the White Home summit represents a decisive try and mediate between opposing positions to unblock the legislative course of and unblocking the advanced path towards federal regulation of cryptocurrencies. Nonetheless, it should be taken into consideration that the White Home has not but formally introduced the assembly.
In any case, the main focus of those deliberations will revolve across the controversial query of whether or not stablecoins, which keep the identical value of the US greenback (USD), will be capable of provide rewards or curiosity funds to their customers. This level is strongly defended by the bitcoin and cryptocurrency sector, which considers it important to draw a broader consumer base and encourage mass adoption.
Two visions lavatory down the monetary future: cryptocurrencies vs. banking
Nonetheless, conventional banking has raised the alarm, warning that the potential of acquiring rewards in stablecoins might trigger a big exodus of deposits, estimating a leak of as much as 500 billion {dollars} from banking programs conventional by 2028.
For that cause, the assembly, orchestrated by the cryptocurrency coverage council of President Donald Trump’s administration, seeks to interrupt the deadlock within the Senate over the elemental invoice that seeks to ascertain a federal regulatory framework for digital property.
As a part of this framework, the GENIUS Regulation (Guiding and Establishing Nationwide Innovation for US Stablecoins) was already authorized, which, in July 2025, turned the primary complete regulatory framework for stablecoins in the US, as reported by CriptoNoticias on the time.
The truth is, the basis of the disagreement lies within the GENIUS Act which, though it established a federal framework for stablecoins, prohibited its direct issuers from paying curiosity or rewards. Nonetheless, it left an ambiguous door open for third events to take action, a loophole that banks search to shut.
The dialogue may also deal with laws that may give complete construction to the bitcoin and cryptocurrency market, however its progress has been hampered within the Senate on account of deep divergences, significantly on the difficulty of stablecoin rewards.
Cryptocurrency firms argue that banning the providing of stablecoin rewards can be an anti-competitive measure that will stifle innovation and restrict the expansion of the sector.
In distinction, banking establishments keep that these returns, even when provided by third events akin to exchangescompete immediately with conventional deposits, eroding their sources of financing and in the end threatening total monetary stability.
In the meantime, Summer time Mersinger, CEO of the Blockchain Affiliation, which represents sector giants akin to Coinbase, Ripple and Kraken, emphasised the significance of this dialogue.
“We sit up for persevering with to work with policymakers in every single place so Congress can advance lasting market construction laws and guarantee the US stays the cryptocurrency capital of the world,” he stated.
