2026-01-17 14:33:12

A significant rift is widening between U.S. government officials and major crypto trading platforms over market regulation. The administration is now considering withdrawing backing for a proposed crypto market structure bill—unless the platform returns to the negotiating table with a yield framework that satisfies banking sector requirements. Sources indicate growing frustration within official circles over what they view as the platform's abrupt and public rejection of earlier proposals. This standoff underscores the delicate balance between regulatory oversight and industry innovation, with potential implications for how crypto derivatives and yield products will be structured going forward.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
5
Repost
Share

Comment

0/400

LiquidityLarry

· 2h ago

Nah, this plot is so cliché, and the government wants to choke us again.

View OriginalReply0

StealthDeployer

· 2h ago

Another big drama between politics and the crypto world. Honestly, it's still a battle of interests. --- The government wants to have the say, platforms want to maintain freedom, and we retail investors are caught in the middle. --- Yield framework? Sounds like financial institutions want a piece of the pie. --- If soft tactics don't work, they'll go hard—threatening to withdraw support. The crypto circle still has to endure. --- Talking about balancing innovation and regulation? It's really just a power struggle. --- Platforms can now turn around and handle it easily; it's just about everyone compromising. --- Every negotiation in the crypto world over the past few years has been the same routine—ultimately, everyone steps back a bit. --- Publicly refusing? Impressive, at least no pretense. --- Derivatives are really being tightly restricted, feeling uncomfortable. --- Waiting to see what happens next. It feels like the negotiations are still early.

View OriginalReply0

OfflineValidator

· 2h ago

Coming back with the government’s threats again? Really thinking of yourself too highly --- Regulators are not firm, and platforms are not really afraid... Just mutual testing --- This is a classic case of "If you don’t listen to me, I’ll destroy you," old tricks --- So funny, the yield framework is nothing new, do they have to wait until platforms bow and scrape? --- Basically, it’s a power game. Innovation in the crypto world always dies in the hands of these people --- Waiting to see who will back down first... I bet the government can’t hold out --- That group at the bank is really disgusting, always trying to control the life and death of the crypto market

View OriginalReply0

GateUser-1a2ed0b9

· 2h ago

Coming with this again? The government wants to shut down our platform every day, but in the end, we still have to bow our heads and be obedient... Alright, the Yield framework is just the Yield framework, after all, it's what those bank folks want. This time, the trading platform was too tough, and as a result, it was manipulated. Whether it's regulated or not, in the end, retail investors will foot the bill. Watching the show...

View OriginalReply0

ZenZKPlayer

· 2h ago

Here we go again with this? The government and exchanges are fighting each other, and in the end, it's us retail investors who suffer.

View OriginalReply0