The negotiations over the CLARITY Act have reached a deadlock. The White House is pressuring Coinbase to propose a yield agreement plan that meets the needs of the banking sector and helps all parties reach a consensus. Sources familiar with the matter reveal that this bill is essentially part of the Trump administration's policy agenda, rather than a private project of any single company. The implication is clear—if Coinbase cannot present a convincing plan when restarting negotiations, the White House does not rule out completely withdrawing support for this cryptocurrency market structure bill. This move reflects the core contradiction in current cryptocurrency policy-making: the interests balance among government agencies, financial institutions, and industry enterprises is far more complex than it appears. Whether the bill can ultimately pass depends not just on the text itself, but on whether all parties can find a truly feasible compromise plan.