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TD Cowen says that Trump's "personal intervention" may be a necessary condition for advancing cryptocurrency market structure legislation.

TD Cowen says that Trump's "personal intervention" may be a necessary condition for advancing cryptocurrency market structure legislation.

币界网币界网2026/02/02 18:34
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According to a report by Bijie Network, TD Cowen stated that without President Trump personally intervening to broker a compromise, cryptocurrency market structure legislation is unlikely to pass in Congress. Meanwhile, industry and banking groups are holding meetings to discuss key issues such as stablecoin rewards, with banks viewing stablecoin rewards as a threat to deposits. Analysts pointed out that there are deeper political obstacles, including the need for strong support from the Democrat-controlled Senate to pass stricter regulatory provisions, which may face opposition from the industry.
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