• Ripple CEO confirms White House meeting between crypto, banking reps Trump administration officials held a similar event last week to discuss stablecoin yield within a market structure bill under consideration in Congress. • Cointelegraph in your social feed Update (Feb. • 19 at 7:21 pm UTC): This article has been updated to include a statement from the Crypto Council for Innovation. • The White House has held another meeting between representatives from the cryptocurrency and banking industries on a market structure bill under consideration in the US Senate, seeking to iron-out differences on stablecoin yield provisions, among other issues. • In a Thursday Fox News interview, Ripple CEO Brad Garlinghousesaidthat the company’s chief legal officer, Stuart Alderoty, attended the meeting with White House officials earlier in the day. • The CEO’s comments came after unconfirmed reports that the Trump administration would follow its Feb.
Article Summaries:
- Ripple’s chief executive, Brad Garlinghouse, confirmed that Ripple’s chief legal officer, Stuart Alderoty, attended a White House meeting with cryptocurrency and banking representatives to discuss the Senate’s CLARITY Act, a digital‑asset market‑structure bill. The session, held after a private forum at Mar‑a‑Lago, focused on stable‑coin yield provisions and other market‑structure issues. Crypto Council for Innovation said the discussion was constructive and aimed at protecting consumers while boosting U.S. competitiveness. The bill, passed by the House in July, remains stalled in the Senate, with the Banking Committee’s markup postponed amid opposition from Coinbase CEO Brian Armstrong.
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