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Flash
White House Narrows Stablecoin Talks; Draft Curbs Yields, Sets $500,000 Daily Fines
2026-02-20 22:18:34

White House Narrows Stablecoin Talks; Draft Curbs Yields, Sets $500,000 Daily Fines

White House officials met with crypto leaders on Feb. 20, 2026, to review stablecoin draft text, MSB Intel reports. The draft bans yield on idle balances, assigns enforcement to the SEC, Treasury and CFTC, and sets penalties up to $500,000 per day, according to CoinoMedia.
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Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
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