Trump admin to meet with industry on stalled crypto market structure bill

The Trump administration is scheduled to meet with representatives from the cryptocurrency and banking industries to revive the Crypto-Asset Market Structure and Transparency Act (CLARITY), Cointelegraph reported. The meeting, organized by the White House Crypto Committee, will focus on provisions related to interest and rewards for U.S. dollar-backed stablecoins. The bill has been stalled in the Senate for months, and a planned vote by the Senate Banking Committee earlier this month was postponed due to a deadlock over the stablecoin interest issue.