Trump Administration Engages Banks and Crypto Firms for CLARITY Talks

The Trump administration is working to resolve the stalemate in crypto legislation, focusing on stablecoin yields as discussions with banks and crypto companies resume.

The administration under President Donald Trump is making efforts to navigate through the legislative impasse concerning the structure of the cryptocurrency market.

With lawmakers still split on how to approach stablecoin yields, the administration plans to convene meetings with financial institutions and crypto companies to facilitate meaningful discussions.