Eleanor Terrett responds to Coinbase CEO: White House support depends on the outcome of the yield agreement.

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Eleanor Terrett counters Coinbase CEO's 'constructive' White House remark, stating her report is accurate and that White House support for crypto bill hinges on a successful revenue-sharing deal with banks.

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According to Mars Finance, in response to Coinbase CEO Brian Armstrong's statement that the White House's attitude was "constructive," crypto journalist Eleanor Terrett further stated that her previous report was "factually accurate and logically sound." Terrett pointed out that Armstrong's response actually confirms the core content of her report: the White House has asked Coinbase to step in and push for an agreement with banks on revenue sharing. Terrett emphasized that, to her knowledge, the White House's current support for the crypto market structure bill depends on the successful conclusion of the aforementioned revenue sharing agreement, and that its stance is not unconditional.

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