There are new developments at the policy level in the United States. The White House seems to be reassessing the push for the "Digital Asset Market Clarity Act," amid a well-known crypto exchange platform withdrawing its support for the bill. The platform has several concerns—they believe the draft could disrupt the DeFi ecosystem and may not be very friendly to the development of stablecoins. More sensitive is the worry that the bill could excessively concentrate SEC's power, and even involve user privacy issues. This tug-of-war between regulators and the industry is quite common, but each instance influences the direction of the crypto market.

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RektButAlivevip
· 11h ago
The SEC is coming back to seize power, I'm really speechless --- DeFi is about to get hit again, stablecoins are even worse --- This platform seems to have woken up, otherwise they would have been exploited to death --- It's always this tug-of-war, retail investors are the unluckiest --- Privacy issues are the core, otherwise it would have passed long ago --- If this bill really passes, the DeFi ecosystem will be finished --- What is the White House messing around with again --- The key is that the SEC's power is too great; without checks, trouble will happen sooner or later --- Withdrawing support is the wise move, don't let policies repeatedly cut the grass and harvest the chaff --- The market is about to fluctuate again, when will this day end
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LiquidationWizardvip
· 11h ago
Here we go again, with regulators and exchanges going back and forth, and retail investors like us still ending up holding the bag.
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RektButSmilingvip
· 11h ago
Here we go again? The platforms are starting to back down, which shows that this bill really hits the nerve.
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WhaleShadowvip
· 11h ago
It's the same old trick again—big platforms support first, then backtrack, forcing the White House to recalculate their accounts.
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