Coinbase Power Play Sparks Crypto Rift as Key Bill Gets Delayed

Coinbase power play sparks crypto rift as key bill gets delayed

It was a rare White House rebuke to the crypto industry: Don’t take your newfound political muscle in Washington for granted.

Coinbase VP says ‘fatal flaws’ in Senate crypto bill forced sudden withdrawal of support

Coinbase pulled its backing for the Senate’s market structure bill because a potential ban on rewards and limited SEC flexibility would have left everyday crypto users worse off.

Sen. Kirsten Gillibrand Stays Optimistic on Crypto Bill Progress in Senate Agriculture Committee

Introduction: A Big Step for Crypto Regulation Crypto is growing fast, but clear rules are needed to protect users and let the industry thrive. , a key Democrat from New York, says she is very optimistic that the Senate Agriculture Committee will move forward with its . Even with some disagreements between Republicans and Democrats, bipartisan talks are heating up. This bill aims to give the Commodity Futures Trading Commission (CFTC) more power…

Coinbase stock slips as Senate crypto bill vote is delayed; Galaxy joins new Prime staking trade

New York, January 23, 2026, 13:28 EST — Regular session Shares of Coinbase Global dipped 1.5% to $219.70 during Friday afternoon trading, despite bitcoin climbing 1.3% to around $90,720 and ether edging up 1.1% to about $2,989. The stock moves on two fronts: crypto prices and Washington’s regulations. For Coinbase, that translates to bursts of retail trading when the market heats up, or an abrupt freeze when policies hit the news. A Senate vote …

Key Crypto Legislation Stalls in Senate Committee, Delaying Federal Regulatory Framework

The U.S. Senate Banking Committee abruptly canceled a planned meeting last week to begin drafting long-anticipated federal cryptocurrency legislation, stalling a key effort to establish comprehensive rules for the digital asset industry. The session was expected to mark a pivotal moment for legislation that has been debated for years by lawmakers, industry leaders, and financial institutions. This delay represents a significant setback for creat…

Coinbase Pushback Delays Crypto Market Structure Bill in Senate

Coinbase’s Brian Armstrong pulled support for the CLARITY Act, arguing the draft harms DeFi and stablecoin rewards. The White House reacted sharply, warning the crypto industry not to overplay its influence in Washington. The Senate crypto market structure bill now faces delays as lawmakers scramble to rebuild bipartisan support. Coinbase’s withdrawal from the Digital Asset Market Clarity Act effort is leading to a degree of political backlash i…