In brief
- Trump publicly backed the crypto market structure bill, saying he hopes to sign it “very soon.”
- The endorsement comes after a White House official appeared to criticize Coinbase for pulling support for the bill last week.
- Coinbase pulled support for the bill over language on stablecoin yield limits, a red line the company doubled down on this week.
President Donald Trump said Wednesday he hopes to sign crypto’s coveted market structure bill “very soon,” likely adding pressure to a legislative effort that nearly went off the rails last week.
“Now Congress is working very hard on crypto market structure legislation, which I hope to sign very soon, unlocking new pathways to reach financial freedom,” Trump said during a…
