The Trump administration's stance on cryptocurrency regulation has shifted again. The latest news suggests that the White House may halt support for the Market Structure Act—unless a major exchange returns to the negotiating table.

Sources familiar with the matter revealed that the platform unexpectedly took a "unilateral action" on Wednesday, angering the White House. Officially, this was described as a "backstab" against the entire industry. The White House was very dissatisfied and emphasized a key point: a single company does not represent the entire crypto industry. Officials even openly stated—this is a presidential bill, not a CEO's bill.

The banking sector also has a voice in this game; they want the yield agreement to be included. This means policy-making is far more complex than imagined, involving not just the government versus exchanges, but a multi-force power struggle. #美国民主党BlueVault $BTC $ETH How the market will react depends on the subsequent negotiations.