US Crypto Regulation Stuck as White House Mediation Falters

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A White House bid to broker a deal on cryptocurrency regulation has ended without an agreement, prolonging a legislative logjam. Monday’s meeting between major US banks and crypto firms highlighted deep sectoral divisions that continue to halt progress.

The session, convened by the White House’s crypto council, aimed to break the deadlock on a comprehensive market structure bill. While both banking and crypto industry representatives called the talks useful, they conceded that core conflicts were not settled.

Among the groups present were the American Bankers Association, the Independent Community Bankers of America, the Blockchain Association, and The Digital Chamber.

In a statement, White House spokesman Kush Desai said, “The White House continues to engage in productive conversations to advance President Trump’s agenda of cementing American dominance in the cutting-edge technologies of the future.” The statement offered no indication of a resolved framework.