White House Held Crypto Market Structure Meeting as Stablecoin Negotiations Advance

White House lawn

White House crypto regulation efforts escalated on February 10, 2026, as administration officials convened a crucial meeting on the crypto market structure bill and stablecoin regulation. The gathering brought together major banks and crypto firms to discuss Bitcoin regulation frameworks and resolve key disputes over digital asset policies.

Patrick Witt, Executive Director of the President’s Crypto Council, led the session alongside Senate Banking Committee staff. Crypto representatives included Paul Grewal of Coinbase, Miles Jennings of a16z, Stuart Alderoty of Ripple, Josh Rosner from Paxos, Summer Mersinger of the Blockchain Association, and J. Kim of the Crypto Council. Banks in attendance were Goldman Sachs, JPMorgan, Bank of America, Wells Fargo, Citi, PNC Bank, and US Bank.

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White House Crypto Regulation Push Grows With Market Structure and Stablecoin Rules

Trump crypto campaign
Source: The White House

Sources described the White House crypto regulation meeting as productive, though no final compromise was reached. Banks presented written “prohibition principles” detailing their stablecoin regulation positions, with one source noting a key concession: the “any proposed exemption” language showed banks were now willing to discuss transaction-based rewards exemptions.

Stuart Alderoty, Chief Legal Officer at Ripple, stated:

“Compromise is in the air.”

Stablecoin Regulation Debates and Permissible Activities

US GENIUS Act of 2025
US GENIUS Act of 2025 – Source: congress.gov

Heavy focus centered on “permissible activities” about what account activity crypto firms could engage in while offering rewards. Crypto companies want broad definitions for the crypto market structure bill, while banks push for narrower parameters. This represents a critical sticking point in White House crypto regulation negotiations.

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The administration has urged both parties to reach agreement on stablecoin regulation by March 1st. Further discussions are expected in coming days, though it’s unclear if another large-scale meeting will occur before month’s end.

Next Steps for Bitcoin Regulation Framework

The smaller meeting size suggests negotiations are focusing on core Bitcoin regulation issues rather than exploratory discussions. Both sides calling talks “productive” marks a shift from earlier entrenched positions, indicating the crypto market structure bill may advance as the March deadline approaches.

These White House crypto regulation developments will shape how stablecoins operate in US markets and determine whether America remains competitive in global digital assets. Clear stablecoin regulation rules could enable greater institutional adoption while addressing security concerns and market volatility that have affected investors.

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