White House Advisor Slams Coinbase Over Bill Exit
White House crypto advisor criticizes Coinbase’s exit from the market structure bill, warning of stricter regulation risks.
- White House crypto advisor criticizes Coinbase’s bill withdrawal.
- Warns that delays could lead to tougher crypto regulations.
- Highlights tension between U.S. officials and crypto firms.
White House Criticizes Coinbase’s Exit From Market Bill Talks
A senior White House crypto advisor has publicly criticized Coinbase for pulling out of discussions around the U.S. crypto market structure bill. The advisor warned that the decision could backfire, potentially leading to stricter regulations for the entire digital asset industry.
Coinbase’s exit is seen as a setback in the ongoing push to create a clearer, more stable regulatory framework for the crypto sector. The bill, which is still under development, aims to define how cryptocurrencies should be classified and regulated in the U.S., particularly around trading, custody, and compliance.
Regulator Frustration Grows Over Crypto Industry Moves
The White House advisor expressed disappointment, arguing that Coinbase’s withdrawal weakens industry-government collaboration at a critical time. “Walking away now only opens the door for harsher, reactionary regulations,” the advisor stated, emphasizing that delay could worsen conditions for U.S.-based crypto innovation.
This friction reflects a growing divide between policymakers and major crypto players like Coinbase, which has repeatedly clashed with regulators over what it sees as unclear or overly aggressive enforcement actions. The latest move underscores a broader concern that lack of engagement from top industry actors could stall or derail meaningful legislation.
What’s at Stake for the U.S. Crypto Market?
With the 2024 election cycle in full swing and global crypto regulation advancing, U.S. lawmakers face increasing pressure to act. A well-structured bill could provide the clarity that investors and companies have long demanded. However, a breakdown in communication — as seen with Coinbase’s withdrawal — could lead to rushed or punitive rules.
Crypto advocates warn that the U.S. risks falling behind other jurisdictions like the EU and UAE if regulatory uncertainty persists. The White House’s stern message to Coinbase is clear: stay engaged, or risk a future shaped without your voice.
Read Also:
- EU Suspends Trade Deal Talks With United States
- Next Crypto to Explode? Why Diamond Hands ($DH) Is Being Tipped to Outrun Immutable (IMX) and Gala (GALA)
- White House Advisor Slams Coinbase Over Bill Exit
- Next 1000x Crypto Coin? Why Diamond Hands ($DH) Is becoming investors favourite alongside Starknet and Base
- The Biggest Opportunity of 2026: BlockDAG Opens One Last Door to a 50x Setup Before the $0.05 Launch!
