The post White House May Drop Crypto Bill Support After Coinbase Exit appeared on BitcoinEthereumNews.com.

Key Insights: The White House is reportedly reconsidering its support for the crypto bill. Coinbase’s abrupt withdrawal appears to have prompted this reaction from the Trump administration. The administration’s hesitation may stem from regulatory concerns, lack of industry consensus, and political timing. The latest reports suggest that the White House could be reconsidering its support for the crypto market structure bill. This is after Coinbase abruptly withdrew its backing. It could withdraw support if Coinbase does not return with a yield agreement that satisfies banks and helps secure a broader deal. This development poses the risk of slowing the crypto bill’s path through the US Congress. It also heightens tensions between the crypto sector and Washington regulators. The White House May Pull Its Crypto Bill Support | Source: Eleanor Terrett Eleanor Terrett, a reputed journolist and host, broke this news through her latest tweet. She stated that the White House does not seem pleased with Coinbase’s bilateral decision. It is one of many companies operating in the crypto industry, and its views cannot represent the entire industry’s. What Triggered the White House’s Rethink on the Crypto Bill When Donald Trump took office, his administration carried out several high-profile pro-crypto actions. He signed an executive order to prohibit the issuance of a U.S. central bank digital currency (CBDC) and to promote digital asset technology. That move clearly signaled that this administration supports blockchain innovation. The White House established a presidential working group on digital assets to help shape a national regulatory framework. Many in the crypto community welcomed the move. They viewed it as a positive step toward clearer rules and stronger industry support. Selective Support for Crypto Policy The White House’s hesitation on the crypto bill might surprise many crypto enthusiasts. After all, it has previously supported other crypto legislation,…

---

Filed under: News - @ January 18, 2026 8:22 am