WHITE HOUSE STABLECOIN SUMMIT EXPLODES INTO OPEN FRICTION đš
Banks dug in hard against crypto demands on custody and balance-sheet control. Talks collapsed with zero resolution. This highlights massive TradFi vs Crypto fault lines. Policy risks being written without industry input. The gloves are officially off.
âą Banks refused all movement on rewards
âą Crypto firms demanded parity access
BOTTOM LINE: No deal reached. Expect regulatory uncertainty to spike.
#StablecoinWars #CryptoPolicy #DigitalAssets #TradFiClash đ„