White House | Crypto

David Sacks leaves office with wins for crypto infrastructure, while Bitcoin holders are still waiting David Sacks is out of the formal White House crypto czar role after exhausting the 130-day limit attached to his special government employee status. The change closes the clearest window for a scorecard. The record is substantial, yet it falls […] The post White House crypto czar leaves office after securing crypto wins for banks and institutions instead of Bitcoin appeared first on CryptoSlate.

White House AI and Crypto Czar David Sacks said Thursday he was joining the President’s Council of Advisors on Science and Technology and leaving the czar role.

A White House review has cleared a Labor Department proposal that could widen the path for crypto-linked exposure in 401(k) retirement plans. The White House’s Office of Information and Regulatory Affairs (OIRA) has completed its review of a Department of Labor (DOL) proposal that could reshape how 401(k) fiduciaries evaluate alternative assets, including digital-asset exposure. The OIRA’s website shows the review concluded on March 24, with the action marked “consistent with change” and the proposal classified as “economically significant.” The DOL is now expected to publish the proposed rule for a standard 60-day public comment period, which is usually followed by revisions and the issuing of a final rule. The proposal follows President Donald Trump’s Aug. 7, 2025, executive order directing federal agencies to expand access to alternative assets in 401(k) plans, including exposure to digital assets through certain investment vehicles. Read more

The financial regulator’s plan to reinterpret how federal securities laws apply to crypto assets is ”pending review” by the White House’s Office of Management and Budget. The US Securities and Exchange Commission (SEC) has forwarded its proposal to have most crypto assets not treated as securities under federal law to the White House’s Office of Management and Budget. According to information available through the US General Services Administration, on Friday the SEC sent two proposed rules to the White House for review, including its interpretative notice from last week regarding which digital assets the agency could consider a security under federal law. As of Monday, government records showed the proposal as “pending review” by the White House, potentially changing how the SEC handles regulation and enforcement of digital assets. Read more

The Pentagon has sent the White House a request for $200 billion in additional funding for the Iran war, a figure that would equal nearly 3 million Bitcoin at current market prices. At Bitcoin’s current price of about $68,600, the request converts to 2,915,451 BTC. That framing does not mean the government is financing the […] The post White House faces Iran war bill that is worth nearly 3 million Bitcoin appeared first on CryptoSlate.

The deal reportedly focuses on stablecoin yield and interest-bearing stable tokens, a major pain point for the banking industry. Rumors are circulating that a tentative deal has been struck between the White House and US lawmakers on stablecoin yield, potentially moving the CLARITY crypto market structure bill forward. Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks, both members of the Senate Committee on Banking, Housing, and Urban Affairs, have reached an “agreement in principle,” according to a Friday Politico report. “I think what it will do is to allow us to protect innovation, but also gives us the opportunity to prevent widespread deposit flight,” Alsobrooks said, adding that the deal prohibits stablecoin yield on “passive balances.” Read more

The legislative recommendations highlight six policy areas, including copyright, energy and workforce development, while signaling a lighter regulatory stance. The Trump administration has released a national AI legislative framework for the United States, calling on Congress to establish a unified federal framework and warning that a patchwork of state laws could hinder innovation and competitiveness. The framework is structured around six core policy areas: protecting children and empowering parents, strengthening communities, intellectual property and creator rights, free speech protections, accelerating AI innovation and workforce development. At the center of the proposal is a push for a unified federal approach, with the administration urging Congress to preempt state-level AI laws it says could burden developers.  Read more

The United States spent in the first six days of its war with Iran an amount equal to nearly half the current market value of the Bitcoin held by the federal government. The administration told lawmakers this week that the war cost at least $11.3 billion through its first six days, Reuters reported on March […] The post White House admits Iran war burned equivalent of half the US Bitcoin reserve in 6 Days appeared first on CryptoSlate.

Washington’s push for a federal crypto rulebook reignited a long-running industry debate over what “regulatory clarity” actually delivers and who it helps. At the center of the debate is H.R. 3633, the Digital Asset Market Clarity Act of 2025, a bill that supporters present as a long-awaited replacement for years of regulation by enforcement. The […] The post White House stablecoin deadline slips as Hoskinson warns CLARITY Act could push US crypto founders offshore appeared first on CryptoSlate.

Ripple is heading to the White House and if you think about it, this is crazy.The White House administration is convening a third high stakes meeting on stablecoin yields, and Ripple chief legal officer Stuart Alderoty is on the invite list alongside legal leaders from Coinbase and a16z.The focus whether stablecoin issuers should be allowed […] The post XRP Price Prediction: Ripple Has Been Invited to the White House — Is the US Government About to Back XRP? appeared first on Cryptonews.

White House crypto adviser Patrick Witt reportedly refocused crypto and bank lobby talks on a crypto bill to allow stablecoin rewards tied to transaction activity. The White House has reportedly refocused talks between crypto and bank lobbyists on limiting how stablecoin rewards should be paid in the third meeting between the two groups over a crypto market structure bill. Crypto and banking industry representatives met at the White House on Thursday for the third time in 16 days to discuss stablecoin provisions that have stalled the crypto bill, which the Senate is looking to pass. No agreement was reached on Thursday, but executives at Coinbase and Ripple said progress was made, as one of the White House’s crypto advisers urged a trade-off that would let third parties, such as exchanges, offer stablecoin rewards only on transaction activity, not on balances. Read more

Sources familiar with the talks on stablecoin yields say the White House urged bankers to get on board with a deal that lets the market structure bill advance.

Trump administration officials held a similar event last week to discuss stablecoin yield within a market structure bill under consideration in Congress. 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 Garlinghouse said that 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. 10 meeting on the CLARITY Act, a bill to establish digital asset market structure. That meeting did not result in a deal on stablecoins.  Read more

Crypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill. The banking industry should not be threatened by crypto companies offering stablecoin yield to customers, and both sides must compromise on the issue, according to White House crypto adviser Patrick Witt. Witt said it was “unfortunate” that the issue of stablecoin yield has become a major point of contention between the crypto industry and banks, adding that crypto service providers sharing yield with customers does not threaten the banking industry’s business model or market share. He told Yahoo Finance: In the future, I don't think this is going to be an issue,” he continued, adding, “I think they're going to find opportunities to use these products and leverage them and offer new products to their customers and expand their businesses.” Read more

White House stablecoin meeting could unfreeze the CLARITY Act, but your USDC rewards may be the price The newly confirmed Feb. 10 White House meeting on stablecoin policy is being framed by some market observers as a step toward breaking the logjam around the CLARITY Act, a broad crypto market-structure bill that has already run […] The post White House meeting could unfreeze the crypto CLARITY Act this week, but crypto rewards likely to be the price appeared first on CryptoSlate.

The White House's end-of-February deadline for banks and crypto firms to resolve the “stablecoin yield” debate exposes a structural fault line that was never going to stay buried. This isn't a speed bump on the road to crypto-friendly regulation. Instead, it's a core collision that happens when digital dollars scale large enough to threaten the […] The post White House sets February deadline to settle $6.6 trillion fight between Coinbase and banks appeared first on CryptoSlate.

The meeting came more than two weeks after the Senate Banking Committee postponed a markup on the CLARITY Act, adding that everyone “remains at the table“ to work on the bill. Officials in US President Donald Trump’s administration met with representatives from the cryptocurrency and banking industry to discuss how to address stablecoin yield in the market structure bill under consideration in the Senate. In a Monday X post, The Digital Chamber, a crypto advocacy organization, said its CEO, Cody Carbone, and others had met at the White House to discuss provisions within the Digital Asset Market Clarity (CLARITY) Act, for which a markup was postponed by the Senate Banking Committee in January. Among the issues lawmakers are expected to address before returning to markup were tokenized equities, decentralized finance, ethics for elected officials investing in crypto, and stablecoin rewards. “Today's meeting at the White House was exactly the kind of progress needed to find a resolution to one of the biggest iss...

SEC Chair Paul Atkins and CFTC Chair Mike Selig spoke on CNBC on Thursday as debate continues over stablecoin yield in the CLARITY Act. US Securities and Exchange Commission Chair Paul Atkins and Commodity Futures Trading Commission Chair Mike Selig appeared on CNBC’s Squawk Box on Thursday to discuss the crypto market structure bill and a White House–hosted meeting scheduled for Monday. The bill was recently held up in the Senate, where it is undergoing committee review after being passed in the House of Representatives, with lawmakers working through unresolved issues on the Agriculture and Banking Committees. One of the central sticking points in the legislation is how stablecoin yield should be treated, an issue that has divided traditional banks and crypto companies. Coinbase recently withdrew support for the bill, citing concerns over several provisions, including those related to yield. Read more

The Nietzschean Penguin (PENGUIN) memecoin had a market capitalization of about $387,000 before the US White House published its post. The Nietzschean Penguin (PENGUIN) token, a memecoin launched on the Solana layer-1 blockchain network, surged by about 564% following a social media post from the United States White House. On Friday, the White House published a social media post on X of US President Donald Trump and a penguin holding hands and walking through the snow, which went viral. PENGUIN traded at a market capitalization of about $387,000 before the post and recorded $244 million in trading volume in the 24 hours after the post, according to SolanaFloor. Read more

Coinbase CEO Brian Armstrong publicly sparred with crypto reporter Eleanor Terrett this week after she questioned the exchange’s stance on crypto regulation, prompting an exchange that quickly spilled onto social media and reignited tensions between industry leaders and the broader community. Senate Banking postponed its planned Jan. 15 markup of the CLARITY Act, leaving timing […] The post Coinbase accused of “rug pull” as the White House weighs killing the CLARITY Act over yield appeared first on CryptoSlate.