The White House is angered by Coinbase's actions and is considering withdrawing support for the cryptocurrency market structure bill.
According to ChainCatcher news, sources close to the Trump administration have revealed that if Coinbase does not return to the negotiating table to reach a revenue agreement satisfactory to banks and facilitate a final agreement, the White House is considering completely withdrawing support for the cryptocurrency market structure bill. The sources stated that the White House is angered by Coinbase's unilateral actions taken on Wednesday, describing it as a "sudden reversal" on the part of Coinbase without prior notice to the White House and the entire industry. The White House believes that a single company cannot represent the entire industry and emphasizes that the bill ultimately belongs to President Trump, not Brian Armstrong.
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According to ChainCatcher news, sources close to the Trump administration have revealed that if Coinbase does not return to the negotiating table to reach a revenue agreement satisfactory to banks and facilitate a final agreement, the White House is considering completely withdrawing support for the cryptocurrency market structure bill. The sources stated that the White House is angered by Coinbase's unilateral actions taken on Wednesday, describing it as a "sudden reversal" on the part of Coinbase without prior notice to the White House and the entire industry. The White House believes that a single company cannot represent the entire industry and emphasizes that the bill ultimately belongs to President Trump, not Brian Armstrong.
$BTC
$DUSK
$AXS
