⚖️The White House cryptocurrency conference talks have collapsed! Traditional banks vs the cryptocurrency industry, stablecoin rewards become the biggest deadlock🔥
Giant firms like Goldman Sachs, Citibank, and JPMorgan demand a complete ban on passive income from stablecoins, and even want strict control over advertising to prevent disguised interest payments, fearing massive outflows of deposits and threats to financial stability. Coinbase, Ripple, and other cryptocurrency entities strongly oppose this, arguing that limiting profits equates to stifling innovation.
The positions of both sides are completely opposed, and the legislation of the "Market Structure Act" faces further obstacles, with regulatory deadlock continuing!
