Exchange policies fluctuate, and the battle over stablecoin regulation heats up

SignatureVerifier · 2026-01-19T20:40:12+00:00

The regulatory outlook for the crypto market is once again tense, as a compliant platform withdraws support for the crypto bill, causing progress to stall. The White House and committees are pressuring to resolve issues related to stablecoins and banking services. Former President threatens to sue financial institutions, reflecting the complex relationship between the crypto industry and traditional finance, with the regulatory framework becoming increasingly complicated.

SignatureVerifier

2026-01-19 20:40:12

Abstract generation in progress

【Crypto World】The prospects of cryptocurrency market regulation stir up new waves. A certain compliant platform recently withdrew its support for the Senate Banking Committee’s Cryptocurrency Market Structure Act, directly causing the progress of this key legislation to stall. White House and committee negotiators then applied pressure, demanding that the platform directly address two hot-button issues—the yield rates of stablecoins and disputes over banking services related to crypto businesses.

On the other side, the political arena is also active. A former president publicly threatened to sue a major financial institution, accusing it of depriving users of banking services on political grounds following the January Capitol riot last year. However, the financial institution publicly denied these claims.

Behind these actions lies a triangular tug-of-war between the crypto industry, traditional finance, and policymakers. The regulatory framework is becoming increasingly complex, and players are beginning to reassess their positions. The future direction of stablecoins, compliance costs for exchanges, and banks’ attitudes toward crypto businesses—these have all become new variables.

View Original

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.

8 Likes

Reward
8
3
Repost
Share

Comment

0/400

rekt_but_vibing

· 7h ago

Here we go again, passing the buck to each other, really getting on my nerves. The issues with stablecoin yields are just too complicated to explain clearly. This move by the exchange is truly outrageous, playing both sides. Banks really should come out and give a proper explanation. If these policies keep flipping back and forth, who will dare to make plans? It's classic political game-playing; we're all just the little guys. The White House arguing with exchanges, and retail investors are the ones who end up losing. It's always about stablecoins and banking services, all just superficial. Compliance is just a joke; it depends on who has the bigger fist. Regulatory back-and-forths, how can the ecosystem be built? Waiting for what's next, feels like there's another big scandal coming. The so-called triangular tug-of-war sounds nice, but in reality, it's just chaos.

View OriginalReply0

ForkPrince

· 8h ago

Starting to play political games again, hilarious Waiting for the day stablecoins get suppressed to death Exchange's move this time is really awesome, they flip the script just like that Traditional finance just can't understand why they have to restrict us Regulation is always bouncing back and forth, it's exhausting Banking services are truly a huge pitfall What’s the use of White House pressure, in the end it’s just about利益分配 The issue of stablecoin yields can't be fundamentally solved It's no surprise that the bill is stuck, I saw this farce coming If political games continue, retail investors will be the ones hurt Exchanges choosing sides, players will suffer too This round of operations, the industry is about to reshuffle

View OriginalReply0

Ramen_Until_Rich

· 8h ago

Things are getting lively again, and the bickering has started. The exchange's move is really impressive—saying support when they support, and not supporting when they don't? When will the stablecoin situation finally be sorted out? Bank services are tightly restricted, and we still need political figures to endorse them. Each one is more ruthless than the last, all trying to profit from regulation.

View OriginalReply0