The post White House Considers Bill Withdrawal Over Coinbase Actions appeared on BitcoinEthereumNews.com. Key Points: Emphasis on Coinbase’s unilateral decisionThe post White House Considers Bill Withdrawal Over Coinbase Actions appeared on BitcoinEthereumNews.com. Key Points: Emphasis on Coinbase’s unilateral decision

White House Considers Bill Withdrawal Over Coinbase Actions

Key Points:
  • Emphasis on Coinbase’s unilateral decision affecting the crypto bill.
  • Potential White House withdrawal impacts crypto market legislation.
  • Brian Armstrong’s stance prompts debate and policy reconsideration.

The White House is considering retracting support for a cryptocurrency bill, citing Coinbase’s actions as disruptive, according to reports from a source close to the Trump administration.

This potential withdrawal impacts legislative progress and highlights tensions between regulators and industry, with consequences for market structure and future regulatory frameworks.

Coinbase Actions Threaten White House Crypto Bill Support

According to a PANews report, a source close to the Trump administration revealed the White House’s possible withdrawal of support for the cryptocurrency market bill if Coinbase does not provide a satisfactory yield agreement. The move follows Coinbase’s unilateral withdrawal from the bill, sparking discontent.

This decision by Coinbase to oppose the CLARITY Act, led by CEO Brian Armstrong, has prompted a delay in the Senate Banking Committee vote. Concerns over privacy and tokenized equities were cited as major factors in the decision.

Brian Armstrong’s action led to notable industry reactions. White House Crypto Czar David Sacks noted on X (Twitter), “Now is the time to set the rules of the road.” Chairman Tim Scott expressed optimism about bipartisan achievements.

Crypto Legislation in Limbo Amidst Market Uncertainty

Did you know? In January 2025, the GENIUS Act was signed by President Trump following his rescindment of a Biden-era policy. This historical precedent indicates a shift towards more crypto-friendly regulations.

Ethereum (ETH) is currently priced at $3,284.51 with a market cap of $396.42 billion according to CoinMarketCap. Recent trading volumes declined by -16.44% over the past 24 hours. Despite a 0.56% drop in the last 24 hours, Ethereum saw a 6.60% increase over a seven-day period.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 02:37 UTC on January 17, 2026. Source: CoinMarketCap

Insights from the Coincu research team suggest potential regulatory challenges with the White House’s reconsideration potentially affecting future cryptocurrency legislation. Past trends demonstrate market resilience amid policy changes, yet the need for industry consensus remains critical for secure legislative progression.

Source: https://coincu.com/news/white-house-coinbase-bill-controversy/

시장 기회
Whiterock 로고
Whiterock 가격(WHITE)
$0.0001428
$0.0001428$0.0001428
+11.38%
USD
Whiterock (WHITE) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, service@support.mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

추천 콘텐츠

Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury

Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury

Strive had finalized its acquisition of Semler scientific after securing the approval of shareholders earlier in the week. The final deal brought both firms’ Bitcoin
공유하기
Tronweekly2026/01/17 12:30
Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun

Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun

The post Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun appeared on BitcoinEthereumNews.com. San Juan, Puerto Rico’s La Factoría
공유하기
BitcoinEthereumNews2026/01/17 12:24
EUR/CHF slides as Euro struggles post-inflation data

EUR/CHF slides as Euro struggles post-inflation data

The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
공유하기
BitcoinEthereumNews2025/09/18 03:08