2026-01-15 01:36:15

Major Exchange Shifts Stance on Crypto Market Structure Legislation

A leading centralized exchange has officially reversed its position on the Senate Banking Committee's latest draft proposal regarding digital asset market structure. The CEO announced that after careful review of the bill's current form, the platform can no longer support it as written.

This policy reversal marks a significant moment in the ongoing debate around how regulators should approach crypto market oversight. The market structure bill has been a focal point for discussions about institutional safeguards, transparency requirements, and asset classification frameworks.

The withdrawal of support from such a prominent player signals mounting concerns within the industry about specific provisions in the proposal. It reflects the tension between regulators seeking comprehensive oversight of digital assets and market participants advocating for balanced frameworks that don't stifle innovation.

As the Senate Banking Committee continues refining the digital asset market structure bill, such high-profile position changes from major exchanges will likely influence further negotiations and amendments to the proposal.

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GasFeeCrybaby

· 7h ago

Another major exchange has gone back on their word. Is this proposal really that outrageous? --- These regulators are always thinking about how to trap us. The exchanges are also helpless and have no choice. --- Wait, which exchange is this? They haven't even clarified the name. --- It's always the same pattern: support first, then oppose. Do these people even have a stance... --- Haha, the industry is under a lot of pressure. It seems the proposal really crossed the line. --- Basically, the rules are too rigid, and innovation is being strangled to death. --- Now, the regulatory authorities want to renegotiate again. It’s never-ending.

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LidoStakeAddict

· 19h ago

Wow, did the big exchange suddenly turn against us? This bill is really problematic; even they can't hold on anymore.

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gaslight_gasfeez

· 01-15 02:05

Haha, another major exchange temporarily reversing rewards. This move is really incredible... I saw through the issues with this bill a long time ago.

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MoonBoi42

· 01-15 02:05

Oh no, the big exchange has betrayed again? This wavering is truly playing with fire.

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CodeZeroBasis

· 01-15 02:02

Major exchanges have reversed their stance; it seems this bill really hit the nerve.

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BloodInStreets

· 01-15 02:01

Is the major exchange already turning against us? It’s really just that the price bottom line wasn’t negotiated properly. This show looks all too familiar. The policies are unpredictable, and that’s the real signal of a price decline. The regulatory sword hasn’t even been implemented yet, and they’ve already started cutting losses.

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NFTFreezer

· 01-15 01:58

This major exchange has also changed its tune; it seems the terms indeed have issues.

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FUD_Whisperer

· 01-15 01:45

Regulators are about to cause trouble again, and major exchanges are also backing out... By the way, what exactly does this bill say? Even the top players are turning against it.

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VitalikFanboy42