The White House will convene executives from the banking and crypto sectors on Monday, February 2 to discuss a path forward for stalled U.S. crypto legislation, according to Reuters reporting.

Hosted by the administration’s crypto council, the summit is expected to include leaders from major trade associations and focus on contentious provisions — particularly how proposed law would treat interest and other rewards that crypto firms pay on customer holdings of dollar-pegged stablecoins.

The meeting shows the Trump administration’s eagerness to broker a compromise and advance the legislation after negotiations floundered amid competing priorities and industry… Read more on BitcoinMagazine