White House Sets March 1 Deadline for Stablecoin Dispute

The White House has established a March 1 deadline to address the ongoing dispute over stablecoin rewards and to push forward the Clarity Act. This move aims to provide clearer regulatory guidelines for stablecoins, which have been a contentious issue in the cryptocurrency sector. The Clarity Act is expected to offer a framework that balances innovation with consumer protection, addressing concerns from both industry stakeholders and regulators.