TechFlow news, January 17 — According to reporter Eleanor Terrett, the White House is considering fully withdrawing its support for the cryptocurrency market structure bill unless Coinbase returns to the negotiating table and proposes a yield agreement that satisfies the banking industry. A source close to the Trump administration said the White House was angered by Coinbase's "unilateral" move on Wednesday, which came without prior notice, calling it a "sudden reversal" against both the White House and the entire industry. The source emphasized that the White House believes a single company cannot represent the entire crypto sector, stating, "Ultimately, this is President Trump's bill, not Brian Armstrong's bill."
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