Negotiations between the crypto industry and banking representatives at the White House on Tuesday failed to reach a compromise on stablecoin yields, a key issue in the Senate's Digital Asset Market Clarity Act. The meeting, attended by executives from Coinbase, Ripple, and other crypto entities, highlighted the ongoing dispute over whether stablecoins should offer rewards, a point of contention with Wall Street bankers. Despite the White House urging both sides to propose compromises, the banking sector maintained its stance against allowing stablecoin rewards. The legislative process faces additional hurdles, including demands from Senate Democrats for restrictions on crypto involvement by senior government officials and enhanced measures against illicit finance. The Clarity Act, which has already passed the Senate Agriculture Committee and a similar bill in the House, must overcome these challenges and secure a majority vote in the Senate Banking Committee before proceeding. The ongoing budget issue concerning the Department of Homeland Security further complicates the legislative timeline.