Sources within the current administration suggest a shift in the White House's stance on crypto market structure legislation. The support could be withdrawn unless key players reach an agreement on yield mechanisms that align banking sector interests with market participants.

The stalemate centers around a critical dispute: whether yield arrangements can satisfy both traditional finance institutions and the broader crypto industry. Without compromise from major exchanges on this point, the legislative framework may lose executive backing.

This development signals how intertwined regulatory momentum has become with private negotiations. The outcome could reshape how digital asset platforms operate domestically, affecting everything from compliance requirements to yield distribution models. Market observers are watching closely as these behind-the-scenes talks continue to influence the regulatory trajectory for the crypto ecosystem.