Overview
- The White House is expected to host another round of talks Friday between crypto firms and major banks as negotiators race to meet the administration’s March 1 target.
- Senate Democrats revisited the market-structure bill that would split oversight between the SEC and CFTC, with Agriculture advancing CFTC spot authority while Banking’s text remains stalled over stablecoin yields.
- Current Senate drafts would bar passive interest on idle stablecoin balances while negotiators consider tightly scoped, activity-linked incentives.
- The Blockchain Association urged senators to preserve the Blockchain Regulatory Certainty Act and protect non-custodial developers, saying 18 member companies met with 24 Senate offices across the Banking and Agriculture Committees.
- Andreessen Horowitz increased outreach to Senate Republicans and committed $50 million to a new super PAC, while Polymarket odds of 2026 enactment rose to 69 percent.