WHITE HOUSE STABLECOIN SUMMIT ENDS IN EXPLOSIVE STALEMATE š„
Banks dug in hard against crypto demands regarding custody and balance-sheet control. Talks collapsed with zero resolution. This means regulatory policy might be written with zero industry input. The friction just went nuclear. Expect volatility in $ETH and $BTC related sectors.
ā¢ TradFi vs Crypto fault lines exposed
ā¢ Stablecoin legislation severely delayed
ā¢ Industry buy-in totally rejected
#StablecoinWar #CryptoRegulation #PolicyFail #DigitalAssets š
BTCUSDT
Perp
66,276.7
-1.09%
ETHUSDT
Perp
1,948.6
+0.38%