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 within 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 and emphasizes that decision-making authority 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 revenue agreement satisfactory to 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 responses have been mixed. Some see this as reflecting the government's 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.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
SoliditySlayer
· 10h ago
Here we go again with this? The exchange is playing tricks with the White House. Are you suffering now... Really think you can cause trouble alone?
View OriginalReply0
LightningHarvester
· 14h ago
Here we go again with this? An exchange daring to clash with the White House—are they looking to get themselves killed...
View OriginalReply0
BearEatsAll
· 14h ago
Here we go again? The government wants to monopolize the discourse power, and if CEX dares to defy, they threaten to revoke policy support. We've seen this trick too many times.
View OriginalReply0
GateUser-a606bf0c
· 14h ago
Here we go again with this routine? The government wants to monopolize the narrative, and exchanges that dare to resist will be dealt with. I'm tired of this script.
View OriginalReply0
SilentObserver
· 14h ago
The White House's move is brilliant—threatening to withdraw policy support, clearly signaling "obey and get treats."
View OriginalReply0
PrivacyMaximalist
· 14h ago
Here we go again? The exchange still wants to compete with the White House, really tired of this.
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 within 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 and emphasizes that decision-making authority 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 revenue agreement satisfactory to 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 responses have been mixed. Some see this as reflecting the government's 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.