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The White House is outraged by the actions of Coinbase and is considering withdrawing its support for the Cryptocurrency Market Structure Act
Svmuu News: Crypto In America reporter Eleanor Terrett posted on X that, according to sources close to the administration Donald Trump, the White House is considering completely withdrawing its support for the Crypto Market Structure Act Coinbase if the bill does not return to the negotiating table to reach a revenue agreement satisfactory to banks and facilitate a final deal.The sources said the White House is furious over the unilateral action taken by Coinbase on Wednesday, calling it a “sudden about-face” toward the White House and the entire industry without prior notice. The White House believes that a single company cannot represent the entire industry and emphasized that the bill ultimately belongs to Donald Trump the President, not Brian Armstrong.
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