# Banking Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Banking", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

White House Crypto Adviser To Banks: Don’t Panic Over Stablecoin Returns

White House crypto adviser Patrick Witt advises banks not to panic over stablecoin yield programs, arguing they are not an existential threat. He suggests banks and crypto firms can coexist by offering similar products, and a compromise on rewards is possible. The core dispute over allowing platforms to pay rewards is holding up the CLARITY Act, a key crypto bill defining regulatory roles for the SEC and CFTC. Lawmakers face a narrowing window to reach a deal before the midterm elections potentially fracture the bipartisan coalition. The White House is pushing for a solution to provide legal certainty and unlock institutional capital currently waiting for clearer rules.

bitcoinistYesterday 21:02

White House Crypto Adviser To Banks: Don’t Panic Over Stablecoin Returns

bitcoinistYesterday 21:02

Crypto Group Pushes Back on CLARITY Act Bank Plan

The Digital Chamber, a crypto trade association, has pushed back against proposals from major U.S. banks in the ongoing debate over the CLARITY Act. While acknowledging the banking sector's concerns about stablecoin yields potentially undermining traditional deposits, the group rejected automatic regulatory rules following a proposed two-year study. CEO Cody Carbone indicated openness to compromise, such as limiting interest-like features, but insisted on preserving incentives for transactions and innovation. Recent White House meetings between industry and banking stakeholders failed to produce an agreement, with both sides maintaining their positions. Patrick Witt of the President’s Council of Advisors warned that the narrowing legislative window before midterm elections adds urgency to reaching a compromise. The core dispute remains whether yield-paying stablecoins threaten financial stability or represent technological progress. With time running out, the fate of the CLARITY Act—which aims to provide regulatory clarity for digital assets—hangs in the balance.

TheNewsCryptoYesterday 10:09

Crypto Group Pushes Back on CLARITY Act Bank Plan

TheNewsCryptoYesterday 10:09

White House Crypto Adviser Warns Time Is Running Out To Pass CLARITY Act

White House crypto adviser Patrick Witt warns that time is running out to pass the CLARITY Act, a key crypto market structure bill, as the 2026 midterm elections approach and political focus shifts. Bipartisan consensus remains elusive, with stablecoin regulation—particularly whether they should be allowed to offer yield—being a major sticking point. Banking industry leaders fear deposit outflows without clear rules. Despite delays, the administration continues to refine the proposal. Coinbase CEO Brian Armstrong remains optimistic, predicting legislation within months and calling for a "win-win" outcome for banks, crypto firms, and the public.

bitcoinist2 days ago 00:31

White House Crypto Adviser Warns Time Is Running Out To Pass CLARITY Act

bitcoinist2 days ago 00:31

US Banking Lobby Urges OCC To Delay Crypto Charter Applications Approval

The US's largest banking lobby, the American Bankers Association (ABA), has urged the Office of the Comptroller of the Currency (OCC) to delay its approval of crypto bank charter applications. The ABA cited regulatory uncertainty, the need for greater transparency in the application process, and a lack of finalized federal oversight. This follows the OCC's conditional approval of charters for several crypto firms in December, which raised concerns about blurred regulatory lines. The ABA argues the OCC should wait until Congress finalizes new rules. Additionally, the banking industry opposes granting crypto and fintech firms direct access to the Federal Reserve's payment systems, advocating for a 12-month waiting period to ensure safety and soundness standards are met.

bitcoinist2 days ago 07:01

US Banking Lobby Urges OCC To Delay Crypto Charter Applications Approval

bitcoinist2 days ago 07:01

Ripple Exec Warns Compromise Is Coming – What This Means For XRP

Ripple's Chief Legal Officer, Stuart Alderoty, indicated that a compromise may be near in ongoing discussions between banks, the U.S. Senate, and crypto leaders regarding stablecoin regulations. A recent White House meeting, though not final, was described as productive. Banks presented principles opposing yield-bearing stablecoins to protect traditional banking, but reportedly made a key compromise by allowing possible exemptions. This could permit transaction-based rewards under strict conditions, impacting Ripple’s operations and its stablecoin RLUSD. The outcome, expected by March 2026, may define permissible crypto activities and significantly influence XRP’s regulatory environment and market role.

bitcoinist02/12 17:32

Ripple Exec Warns Compromise Is Coming – What This Means For XRP

bitcoinist02/12 17:32

Malaysia to Pilot Ringgit Stablecoins, Tokenised Deposits in 2026

Malaysia's central bank, Bank Negara Malaysia (BNM), will pilot three projects involving ringgit stablecoins and tokenized deposits in 2026 through its Digital Asset Innovation Hub (DAIH). The initiatives, focused on wholesale payments for domestic and cross-border transactions, are led by major financial institutions including Standard Chartered Bank Malaysia, Capital A, Maybank, and CIMB. BNM aims to assess implications for monetary and financial stability and clarify its policy on these digital assets by year-end. This move aligns with a broader Asian trend, with Hong Kong, Singapore, and Japan also advancing stablecoin frameworks and tokenization projects.

TheNewsCrypto02/11 12:23

Malaysia to Pilot Ringgit Stablecoins, Tokenised Deposits in 2026

TheNewsCrypto02/11 12:23

Banking Lobby Digs In Against Landmark Crypto Bill as $SUBBD Gains Ground

A powerful banking coalition, including the ABA and BPI, is lobbying against the landmark FIT21 crypto bill, claiming it creates regulatory gaps and risks, despite its aim to provide clearer rules. This resistance highlights a power struggle, as traditional finance sees crypto and DeFi as threats to its dominance. The resulting regulatory uncertainty is pushing users toward decentralized alternatives. This centralization problem extends beyond finance to the $191B content creation industry, where high fees and platform control are common. SUBBD Token ($SUBBD) emerges as a Web3 solution, offering creators decentralized earnings through subscriptions, NFTs, and AI tools, while giving fans participation via token-gated content and staking. The project's presale has raised over $1.4 million, signaling strong interest in a decentralized model for creators. With a fixed 20% APY for staking, it incentivizes early adoption. Regulatory gridlock may ironically fuel SUBBD's growth, as users seek transparent, fair platforms outside traditional control.

bitcoinist02/11 11:17

Banking Lobby Digs In Against Landmark Crypto Bill as $SUBBD Gains Ground

bitcoinist02/11 11:17

Crypto Clarity Act: No Deal in White House Yield Meeting

A White House meeting on the Clarity Act, focused on the contentious issue of stablecoin rewards, ended without a deal. Banking groups pushed for a near-total ban on offering any form of reward to stablecoin holders, arguing such payments could destabilize traditional banking and reduce lending. Crypto advocates sought broader definitions for "permissible activities" that would allow rewards. Despite the lack of a compromise, participants from both sides described the talks as productive and a shift toward serious problem-solving. The White House urged stakeholders to reach an agreement by March 1, with further discussions expected soon.

bitcoinist02/11 10:26

Crypto Clarity Act: No Deal in White House Yield Meeting

bitcoinist02/11 10:26

ARK Invest: Will Stablecoins Become the Cornerstone of the Next Generation Monetary System?

ARK Invest explores whether stablecoins could become the cornerstone of the next monetary system, drawing parallels between today’s privately issued digital currencies and the free banking era in the U.S. prior to the Federal Reserve's establishment in 1913. The article highlights the emergence of Tether (USDT) in 2014 as a solution to slow cross-border dollar transfers in crypto markets. Initially used for arbitrage, stablecoins like USDT gained traction in emerging economies during the COVID-19 pandemic as a hedge against hyperinflation and currency devaluation. By 2025, USDT’s supply reached $187 billion, backed largely by U.S. Treasuries and serving over 450 million users globally. The discussion references the GENIUS Act, which legitimizes privately issued stablecoins, and features insights from Tether CEO Paolo Ardoino, economist Arthur Laffer, and ARK CEO Cathie Wood. Laffer compares modern stablecoins to 19th-century private banknotes but notes that technological and regulatory advances mitigate past risks like fraud and instability. Looking forward, stablecoins may evolve into interest-bearing instruments or be pegged to baskets of commodities. Tether is also expanding into commodity settlement and developing new stablecoins like USAT for developed markets. The piece concludes that stablecoins could modernize financial infrastructure, combining the efficiency of blockchain with the stability of asset-backed currencies.

marsbit02/10 11:30

ARK Invest: Will Stablecoins Become the Cornerstone of the Next Generation Monetary System?

marsbit02/10 11:30

What should you expect from 10 February’s White House stablecoin meeting?

White House officials, Wall Street leaders, and crypto executives are meeting on 10 February to address the deadlock over the CLARITY Act, with interest-paying stablecoins being the most contentious issue. Crypto firms argue that offering yield supports innovation and user benefits, citing companies like Coinbase which earned $355 million from stablecoins in Q3 2025. Traditional banks, however, warn of a potential $6.6 trillion outflow from deposits. Another key point is the Federal Reserve’s proposed “skinny” master account system, which neither side finds satisfactory. Past policy delays and meeting cancellations have triggered sharp market declines, while agreements like the GENIUS Act spurred rallies. Currently, market sentiment is nervous, with total crypto valuation dropping 1.65% to $2.36 trillion in a day, and major cryptocurrencies like BTC and ETH facing downward pressure. Analysts see this as reducing risk rather than a full market crash. Ultimately, the conflict reflects a broader struggle over the future financial system, with markets reacting strongly to regulatory uncertainty.

ambcrypto02/10 08:32

What should you expect from 10 February’s White House stablecoin meeting?

ambcrypto02/10 08:32

活动图片

Technology Trends

Regulatory Policy