Techub News: Coinbase CEO Brian Armstrong posted on X platform stating that reports about the Trump administration considering withdrawing support for the Cryptocurrency Market Structure Act are not true. Brian Armstrong said that the White House has been very proactive on this matter, "They have indeed asked us to try to reach an agreement with banks, and we are currently working on it. In fact, we have been brainstorming some good ideas, hoping to specifically help community banks with this bill, because the focus of this bill is on community banks." Previously, it was reported that if Coinbase cannot propose a plan to return to the negotiation table, the White House may consider withdrawing support for the CLARITY Act.

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