Source: CryptoNewsNet
Original Title: Coinbase refutes rumors of White House’s threat to pull support for crypto bill
Original Link: https://cryptonews.net/news/legal/32294272/
A compliance platform CEO clarified on social media that the U.S. White House has maintained a “very constructive” attitude toward the Cryptocurrency Market Structure Act, debunking rumors that the government might withdraw support.
“The White House has asked us to see if we can reach an agreement with banks. We are currently working on this,” the CEO stated in a social media post.
The rumors about the government’s stance originated from a social media article claiming that “the White House is considering withdrawing support for the Cryptocurrency Market Structure Act entirely if a compliant platform cannot return to the negotiating table, present a revenue agreement satisfactory to banks, and reach an agreement among all parties.”
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NftBankruptcyClub
· 3h ago
Basically, this is a positive signal. Waiting for the bill to be implemented.
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Ramen_Until_Rich
· 3h ago
Alright, the shoe finally dropped, and the White House didn't run away.
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RegenRestorer
· 3h ago
The White House really didn't withdraw? Then this wave of FUD is really outrageous.
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GasFeeLover
· 3h ago
Ha, it's these kinds of rumors again. It's really time to regulate the information sources.
The White House is quite proactive; it seems the real difficulty lies with the banks.
This time, it's probably some people spreading false rumors again. So annoying.
Can the agreement be reached? It seems banks won't cooperate that easily.
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No, why are people saying again that the government is going to abandon crypto? Spreading rumors without basic information.
Since the White House has proactively requested to connect with banks, it shows their stance.
The key part is the banks, Coinbase knows this well.
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The CEO personally came out to deny the rumors, indicating that false information is indeed circulating. The market is really unpredictable.
A constructive attitude is good, but it depends on whether the banks are willing to cooperate.
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So, the real situation is that the White House supports it. Those previous rumors were pure nonsense.
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BearMarketMonk
· 3h ago
The White House didn't distance itself from the crypto cold chain this time, still in talks
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Another rumor debunked... Why are there so many rumors in the crypto circle
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The White House wants banks to cooperate? How long will that take to get done
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So the support is real, but they still have to negotiate with the banks
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Sounds like they're still in the arguing stage
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Good grief, one clarification leads to ten more rumors
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The real key is with the banks
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The White House's constructive attitude? I don't buy it...
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It's just "working on it," same old excuse...
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At least they haven't turned hostile yet, that's good news
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So it all depends on whether the banks are willing to cooperate
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Always like this, first debunk rumors then hype
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The White House just wants a compromise plan
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LiquidityNinja
· 3h ago
The White House is still there, the bill is still there, and the FUD retail investors are just celebrating prematurely again.
A compliant platform CEO clarifies that the White House has not withdrawn support for the crypto bill
Source: CryptoNewsNet Original Title: Coinbase refutes rumors of White House’s threat to pull support for crypto bill Original Link: https://cryptonews.net/news/legal/32294272/ A compliance platform CEO clarified on social media that the U.S. White House has maintained a “very constructive” attitude toward the Cryptocurrency Market Structure Act, debunking rumors that the government might withdraw support.
“The White House has asked us to see if we can reach an agreement with banks. We are currently working on this,” the CEO stated in a social media post.
The rumors about the government’s stance originated from a social media article claiming that “the White House is considering withdrawing support for the Cryptocurrency Market Structure Act entirely if a compliant platform cannot return to the negotiating table, present a revenue agreement satisfactory to banks, and reach an agreement among all parties.”