The White House is reportedly considering withdrawing its support for the cryptocurrency market structure bill unless Coinbase returns to negotiations and proposes a yield agreement satisfactory to the banking sector. Sources close to the Trump administration revealed that the White House is upset with Coinbase's unilateral actions on Wednesday, which were taken without prior notice or communication with the administration. The White House views this as a sudden shift that does not represent the entire crypto industry. The source emphasized that the bill is President Trump's initiative, not Coinbase CEO Brian Armstrong's.
White House May Withdraw Support for Crypto Bill Amid Coinbase Dispute
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