President Donald Trump has accused major banks of obstructing the administration's crypto agenda, leading to a deadlock in Congress over market-structure legislation. The dispute involves stablecoin platforms offering yield, which has hindered progress on the CLARITY Act. In South Korea, individuals are using cryptocurrency to fund aggressive anti-government actions. Major banks, including Morgan Stanley, Citigroup, and Barclays, have made significant moves in the crypto industry. The disagreement over the ability to pay rewards to customers holding stablecoins has caused tension.