White House

Those who cheered U.S. Bitcoin reserve have spent year watching Trump's order languish
The executive order to build President Donald Trump's Strategic Bitcoin Reserve has awaited congressional action, and sources say there's one idea left for 2026.

Trump’s crypto adviser rejects Jamie Dimon on treating yield-bearing stablecoins like banks
White House adviser Patrick Witt said yield-bearing stablecoins needn't to face bank rules because the Genius Act bars issuers from lending reserves.

Inside the meeting: White House favors some stablecoin rewards, tells banks it's time to move
Sources familiar with the talks on stablecoin yields say the White House urged bankers to get on board with a deal that lets the market structure bill advance.

Latest White House talks on stablecoin yield make 'progress' with banks, no deal yet
In the latest of a series of meetings hosted at the White House, bankers and crypto policy experts met to break down the wall halting the market structure bill.

Crypto group counters Wall Street bankers with its own stablecoin principles for bill
After the bankers shared a document at the White House demanding a total ban on stablecoin yield, the crypto side answers that it needs some stablecoin rewards.

Patrick McHenry says crypto market structure bill could pass before Memorial Day
Ondo Finance Vice Chairman and former Chairman of the House Financial Services Committee, Patrick McHenry joins Jennifer Sanasie and Andy Baehr on CoinDesk Live from the Ondo Summit to discuss the rapid shift in U.S. crypto policy and why he believes long-awaited market structure legislation is closer than many expect. McHenry reflects on how tokenized real-world assets are reshaping global markets, the growing push to harmonize the SEC and CFTC, and why decentralized finance is essential to unlocking crypto’s full potential. He also weighs in on the stablecoin yield debate, ethics concerns, and makes a bold prediction: a market structure bill could reach the president’s desk before Memorial Day.

Patrick Witt says 'let's not let perfect be the enemy of good' in stablecoin standoff
Speaking with CoinDesk's Jennifer Sanasie and Sam Ewen at the Ondo Summit, Patrick Witt, Executive Director of the President's Council of Advisors on Digital Assets unpacks the high-stakes negotiations surrounding the new market structure bill. Plus, he weighs in on the push for America to remain an innovation hub, bridging the gap between banks and crypto, and addresses the ongoing debate over ethics provisions and government official asset disclosures.

Trump's White House won't tolerate attacks on the president in crypto bill, adviser says
Patrick Witt, the president's digital assets adviser, told CoinDesk that anti-corruption provisions targeting Trump would not be acceptable.

Crypto industry, banks not yet close to stablecoin yield deal at White House meeting
Industry insiders met with President Donald Trump's advisers, who asked that compromises be found this month for the Senate's crypto bill.
