White House steps in as crypto market structure bill stalls
-

As crypto money floods into politics, the industry’s top legislative priority remains stuck. The CLARITY Act, a sweeping bill aimed at defining digital asset market structure, was pulled from a Senate Banking Committee vote earlier this month after banks and crypto firms clashed over stablecoin rules.
Now, the White House is intervening directly. President Trump’s crypto policy council is convening executives from traditional finance and the crypto sector to negotiate a compromise, according to industry groups involved in the talks.
The move underscores the bill’s urgency for the administration, which campaigned heavily on crypto support and now faces pressure to deliver regulatory clarity amid rising political stakes.