Blockchain Bulletin: Crypto and banks divided in White House discussions

This week, representatives from the banking and crypto sectors met in the White House in a bid to come to a resolution over the proposed ban on stablecoin interest and other CLARITY Act proposals. 

Also this week, Tether is facing pushback from its plans to raise up to $20bn against a $500bn valuation, Hong Kong is set to award its first stablecoin licences, and another European bank has joined the euro-stablecoin project. 

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