TD Cowen says White House stablecoin report unlikely to change hurdles for crypto bill, sees even tougher path ahead
theblock.co·Apr 9, 2026
TD Cowen suggests that the recent White House report on stablecoins may complicate the progress of the crypto bill.
The recent White House report on stablecoins could complicate the legislative path for a crypto bill, signaling potential regulatory hurdles for stablecoin-related fintech initiatives. This development suggests that companies in the stablecoin and broader DeFi space should prepare for increased scrutiny and possibly adapt their compliance strategies accordingly.