Eleanor Terrett responds to a certain exchange CEO: White House support depends on the outcome of the revenue agreement

According to Odaily, in response to a certain exchange CEO Brian Armstrong’s comment 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 actually confirmed the core content of her report, namely that the White House has asked the exchange to take the lead in promoting an agreement with banks regarding yield issues.

Terrett emphasized that, according to what she has learned, the White House’s current support for the crypto market structure bill depends on whether the aforementioned yield agreement can be successfully reached, and that this position is not unconditional support.