Eleanor Terrett Responds to Coinbase CEO: White House Support Depends on Yield Agreement Outcome

Odaily According to a response to Coinbase CEO Brian Armstrong's statement that the "White House's attitude is constructive," crypto journalist Eleanor Terrett further stated that her previous report was "factually accurate and logically complete." Terrett pointed out that Armstrong's response essentially confirms the core content of the report, which is that the White House has requested Coinbase to step forward and facilitate an agreement with banks regarding yield issues.

Terrett emphasized that based on her understanding, the White House's current support for the crypto market structure bill depends on whether the aforementioned yield agreement can be successfully reached, indicating that this stance is not unconditional support.