White House supports the Market Structure Act? CEO of a leading platform responds to bank agreement progress

robot
Abstract generation in progress

【BitPush】There is an interesting development in the crypto industry. The CEO of a leading compliant platform recently came out to clarify rumors that the Trump administration might abandon support for the Market Structure Act, stating that these rumors are completely unfounded. He directly denied the claim.

What can I say? The White House has generally maintained a positive attitude towards this matter. The platform is also negotiating terms with the banks, and the negotiations are still ongoing. What are the specific terms? The goal is to secure some preferential treatment for community banks in this bill because their core demand is to support the community banking system.

He also mentioned that both sides are trying to design better solutions and hope to see them implemented in the bill. However, the specific details will have to wait for official statements later.

Earlier reports suggested that if this platform cannot come up with a satisfactory yield plan for the banks, the White House might abandon the bill. It now appears that, at least from the official side, there is still strong support.

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.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
GweiObservervip
· 4h ago
It's another round of debunking and negotiations; I'm becoming more and more familiar with this routine.
View OriginalReply0
AirdropGrandpavip
· 4h ago
Another round of "fact-checking drama" again. I'm tired of this routine; in the end, it all comes down to where the money flows.
View OriginalReply0
PrivateKeyParanoiavip
· 4h ago
Basically, it's still just arguing; the White House verbally supports it, but nothing concrete has been decided.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)