White House News

White House economists say banning stablecoin yield would add little to bank lending while imposing significant costs on users.

Bitcoin held above $68,000 as investors reacted to signs Trump may seek a quicker end to the Iran war, though traders remain cautious.

The Google Play Store page states that the app collects personal data, such as a phone number, while the App Store directs users to the White House’s privacy policy.

David Sacks will lead a new tech-focused advisory group established by the White House, which will include key leaders like Nvidia’s Jensen Huang and Meta’s Mark Zuckerberg.

Bitcoin mass adoption by institutional investors has resumed, but global instability and the risk of rising US inflation put a lid on BTC’s breakouts above $70,000.

The council, co-chaired by White House AI and crypto czar David Sacks and science adviser Michael Kratsios, includes Mark Zuckerberg, Larry Ellison and Jensen Huang.

The SEC’s handling of cases involving Justin Sun and Elon Musk was among the factors that caused the agency’s top enforcement official to quit, according to sources.

The SEC’s crypto classification proposal is under White House review, marking a key step in defining how digital assets are treated under US securities law.

The legislative recommendations highlight six policy areas, including copyright, energy and workforce development, while signaling a lighter regulatory stance.

The Securities and Exchange Commission has proposed an interpretive framework for applying federal securities laws to digital assets that would carry more weight than staff-level guidance.

US President Donald Trump says AI data centers “need some PR help,” promising that tech giants will pay for their own power to run the energy-intensive projects.

The meeting reportedly happened before President Donald Trump posted to his social media platform, echoing some of Brian Armstrong's statements about stablecoin yield.

The Blockchain Association urged Congress to exempt low-dollar crypto transactions and tax mining and staking rewards upon sale.

White House crypto adviser Patrick Witt reportedly refocused crypto and bank lobby talks on a crypto bill to allow stablecoin rewards tied to transaction activity.

Trump administration officials held a similar event last week to discuss stablecoin yield within a market structure bill under consideration in Congress.