The negotiations between US government agencies and cryptocurrency exchanges have encountered significant disagreements. According to informed sources, a leading compliance platform unilaterally changed its stance without prior communication, which has caused considerable dissatisfaction from the White House.

Official sources pointed out that this "sudden change of position" disrupted the original cooperation intentions. The White House believes that individual exchanges should not represent the entire cryptocurrency industry, emphasizing that decision-making on major policy issues such as the Market Structure Act lies with the President.

Informed sources revealed that if the exchange is unwilling to return to the negotiating table, reach a satisfactory revenue agreement for financial institutions, and advance the final framework agreement, the White House is considering fully withdrawing its policy support for the relevant Market Structure Act. This could mean that the policy tilt originally aimed at promoting industry standardization may face adjustments.

Industry reactions vary. Some see this as a reflection of government agencies' desire to control industry discourse, while others worry it could impact the policy environment of the cryptocurrency market. Currently, all parties are observing the subsequent developments of the negotiations.