US Crypto Regulation Nears Decision Point With February Deadline

How US Crypto Regulation Meeting on 10 Feb Crucial For CLARITY Act?

US Crypto Regulation is approaching a defining moment as lawmakers, banks, and cryptocurrency-dealing firms are once again going to clash over one unresolved issue: whether stablecoin holders should be allowed to earn yield.

Source: CryptoRover Official

On February 10, 2026, the White House will host a high-stakes meeting focused on stablecoins and the broader crypto market structure bill, widely known as the CLARITY Act. The outcome could determine whether the most important US crypto regulation effort in years moves forward, or remains stalled.

What Makes Feb 10 Meeting Significant?

The upcoming meeting is the second staff-level session, following an earlier one, conducted on Feb 2–3, 2026, that failed to resolve US crypto legislation stalemate. This time, pressure is higher. 

The administration has set end-February as a hard deadline for compromise. If the decision is not finalized until the deadline and delays continue, it could push the bill into election season and possibly the next Congress.

As a result, full implementation would likely take years, extending regulatory uncertainty for exchanges, DeFi platforms, and institutions.

Banks vs Crypto: How the Bill Reached a Standstill

The CLARITY Act USA began with strong momentum:

• Introduced in May 2025

• Passed House committees in June 2025

• Approved by the House in July 2025 with strong bipartisan support

The bill, which is designed to clearly define SEC and CFTC roles in cryptocurrency management, protecting self-custody, and creating a legal path for digital assets to mature, paused when stablecoin yield became the central issue.  

Banks’ Stance: Traditional Banks strongly oppose yield-bearing stablecoins, citing that it could slowly drain deposits from the traditional banking system. 

Their concern is based on basic comparisons:

• Savings accounts: 0.3%–0.4%

• Checking accounts: near 0%

• Stablecoins: 3%–4% rewards

If stablecoins continued to offer yield, banking groups warn that trillions in deposits could shift out of banks over time. 

Because deposits are critical for lending and financial stability, banks are pushing lawmakers to ban or tightly restrict stablecoin yield under this crypto market structure bill.

Industry View: On the contrary, digital asset platforms say yield is non-negotiable. For exchanges, stablecoin rewards are a core business model, not a side feature. Many firms argue that banning yield would:

• Make US platforms uncompetitive

• Push users and capital offshore

• Slow DeFi and payment adoption

Some industry leaders have said openly they would rather see no bill passed than accept a framework they believe protects banks at cryptocurrency’s expense. This hard stance is why the CLARITY Act Senate vote remains delayed.

Since then: 

• Committee markups were delayed

• Draft texts were revised multiple times

• Industry support fractured

This contradiction and the importance of the act led directly to White House involvement.

CLARITY Act: What’s at Stake for the Crypto Market

Stablecoins are no longer niche tools. They are becoming a core part of financial infrastructure with hundreds of billions in market value, trillions in annual transaction volume, and key liquidity source for global markets.

If a compromise emerges, the outcome will shape exchange operations, DeFi growth, institutional participation, and payment adoption in the US. 

For now, the upcoming CLARITY Act meeting may be the last chance before politics take over.