A White House meeting aimed at breaking a months‑long stalemate between major U.S. banks and cryptocurrency firms ended on Monday without any agreement, underscoring industry divisions that threaten progress on landmark digital‑asset legislation.
The closed‑door session, convened by the White $OG House’s crypto council, brought together representatives from the crypto and banking industries in an effort to reach an agreement on stalled crypto market structure legislation. Both sides emerged from the meeting describing it as constructive, but fundamental $ZKP disagreements that upended the bill's progress remained unresolved.
“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," said White House spokesman Kush Desai in a statement.