A senior executive from a leading compliant platform recently criticized the industry controversy bill, stating that this is not financial reform at all, but rather a move by banking groups to suppress crypto competition.



According to his analysis, there are shadows of banking lobbying behind this bill. The core purpose is obvious—cutting off the development space for cryptocurrencies. Especially those stablecoins that generate yields have become key targets for crackdown.

It is worth noting that the progress of this bill has recently cooled down, and industry voices seem to be starting to have an effect. From the opponent's perspective, this reflects the gradual emergence of driving forces behind crypto innovation.

In simple terms, the core of the whole matter boils down to two points: first, the bill aims to suppress financial innovation in the crypto industry; second, the yield mechanism of stablecoins is becoming the focal point of policy clashes. This game is far from over.
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MoonBoi42vip
· 4h ago
The banking group is just cowardly, afraid that we will steal their business. --- The real pain point is the returns on stablecoins; that's why they are getting anxious. --- The cold reception to the bill was predictable; if the industry works together, it can still be resolved. --- Here they go again? Always trying to suppress us, but in the end, we still come out on top. --- It's indeed necessary for leading platforms to speak out; we can't let them keep doing this. --- It's hilarious; clearly a conflict of interest, yet they keep talking about reforms. --- Stablecoins really hit the soft spot of traditional finance, no wonder they are so anxious. --- I just want to see them keep trying to ban us; it's getting more and more ridiculous.
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NotFinancialAdvicevip
· 4h ago
The banking group is panicking, afraid of being wiped out. Stablecoins really hit their sore spot. If they can't pass this bill, they deserve it; industry voices still matter.
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PumpingCroissantvip
· 4h ago
Banks are really outrageous, just trying to monopolize this small patch of finance. The yield on stablecoins is targeted, which clearly hits the pain point. Is the bill's progress cooling off? That's right, as long as the voices are loud enough, the situation can be reversed. We still need to keep pushing; this battle isn't over yet. Compliance platforms daring to speak out—finally, someone in the industry is standing firm.
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staking_grampsvip
· 5h ago
The old tricks of banks, still trying to use legislation to choke us? Dream on. The failure of the bill shows that our voice really carries weight. Here they come again, as soon as stablecoin yields move, politicians get agitated. It's incredible, they ban whatever they're afraid of, just afraid of being overturned. This wave of actions is becoming more and more obvious, the interests of powerful groups can't be hidden anymore. See, as long as we persist, the policy direction will eventually change. Banks band together to fight back, showing that we've really disturbed their cheese. The legislative deadlock was predictable; as long as our voice is loud enough, it’s fine. The real pain point is the stablecoin yields, hitting right at their vulnerable spot.
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HappyToBeDumpedvip
· 5h ago
The bank guys are really scared, rushing to take action so quickly. Is that all? Can't stop it. The crypto train has already left the station. Earning yields with stablecoins is the real innovation. Why are they panicking? Speaking of which, the cold reception to the bill shows that our voice still carries weight. This lobbying battle must continue; whoever is cowardly will lose. Ha, in the end, it still depends on the market to speak. Laws can't change market demand.
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