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COINBASE DENIES WHITE HOUSE THREATENING TO WITHDRAW SUPPORT FOR CRYPTO BILL
🔹 Coinbase CEO Brian Armstrong denies rumors that the White House is considering withdrawing support for the crypto market framework bill, and affirms that the government is “very cooperative and constructive”
🔹 Armstrong stated that the White House has asked Coinbase to work with banks to find common ground, especially focusing on ensuring the interests of community banks
🔹 He emphasized that negotiations are still ongoing and Coinbase is developing new proposals around the role of community banks in the bill#WeekendMarketPredictions