White House Crypto Deadline: A Dance of Delays!

Dear Reader, it is with the utmost gravity that we inform you of the most esteemed individuals from the crypto and banking sectors who have once again convened at the White House, seeking to resolve the most vexing of disputes concerning the long-anticipated CLARITY Act. Alas, the Senate Banking Committee’s affirmative vote has done little to quell the tempest of disagreement regarding the propriety of stablecoin issuers offering rewards to their loyal adherents.

The crux of the matter lies in the proposal to prohibit such rewards, a measure deemed by some as a most prudent safeguard against the perils of excessive indulgence. Yet, the crypto advocates, ever the optimists, posit that a distinction may be drawn between mere holding and active usage, akin to the benevolent incentives bestowed by credit card companies-though one might argue that such analogies are as tenuous as a threadbare gown at a ball.

Coinbase, Ripple Signal Progress

At the heart of this discourse stands the most esteemed Paul Grewal of Coinbase, whose remarks upon the proceedings were as measured as they were diplomatic. “The dialogue was constructive,” he declared, though one might suspect that such phrasing is but a polite veneer for the more tumultuous exchanges beneath.

Ripple’s Stuart Alderoty, ever the fervent proponent of progress, echoed these sentiments, declaring that “let us get this right” while simultaneously urging the United States to claim the title of crypto capital-a task as daunting as convincing a parsonage to embrace a lavish feast.

90% Chance Crypto Bill Passes By April

Indeed, the most esteemed Brad Garlinghouse has expressed a most encouraging sign, positing a 90% likelihood of the bill’s passage by April. One might wonder if this optimism is born of genuine hope or a desire to avoid the awkwardness of admitting previous miscalculations.

The White House, ever the arbiter of urgency, has set a March 1st deadline, a date as imposing as a dowry demand in a marriage contract. Treasury Secretary Bessent, in his characteristic urgency, has urged Congress to proceed with the legislation, lest they be accused of dawdling like a maiden at a ball who refuses to dance.

Read More

2026-02-20 01:26