US EditionSenate Banking Committee Cancels Crypto Market Structure Markup
Coinbase withdrew support citing privacy and market concerns, causing the Senate Banking Committee to delay the cryptocurrency market-structure bill vote.
- On Wednesday night, the Senate Banking Committee postponed a vote on the CLARITY Act after late debate and industry withdrawals; the vote had been scheduled for Thursday.
- Industry withdrawal, notably Coinbase's, spurred the disruption as Brian Armstrong, CEO and co-founder of Coinbase, formally withdrew backing over privacy and market-structure concerns, prompting committee members to delay the vote.
- Industry figures warned about oversight and liquidity, as Kyle Wool, Dominari Securities CEO, said `As newer, more fringe industries grow and capital increases, regulators will need more oversight.` Wool added that `This in turn also opens the crypto market to a wider audience and thus befits it more by increasing liquidity and having greater depth.`
- The White House said it will work with Tim Scott, Senate Banking Chairman , committee members and industry stakeholders to pass bipartisan crypto market structure legislation as soon as possible, and Scott remains optimistic it will become law before the midterm elections.
- The market-structure bill is seen as key to a federal framework, with regulation passed last year when President Donald Trump signed the GENIUS Act, and Tim Scott calling 2026 "the year of affordability.
22 Articles
22 Articles
Bitcoin, Ethereum, XRP, Dogecoin Slip After Crypto Bill Stalls In Senate: BTC Could Jump To $105,000 If This Pattern Holds, Says Analyst - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)
Leading cryptocurrencies dipped on Thursday after a key cryptocurrency bill stalled in the Senate following opposition from industry giants. Cryptocurrency Gains +/- Price (Recorded at 8:20 p.m. ET) Bitcoin (CRYPTO: BTC) -1.29% $95,485.03 Ethereum (CRYPTO: ETH) -0.82% $3,306.90 XRP (CRYPTO: XRP) -2.66% $2.07 Solana (CRYPTO: SOL) -2.75% $142.06 Dogecoin (CRYPTO: DOGE) …
Fox Business
Cryptocurrency News | Cryptocurrency Prices | Market CapSenate Banking Committee postpones vote on crypto market structure legislation amid industry pushback
A committee vote on the long-awaited cryptocurrency market structure legislation was postponed on Wednesday night after a late-night policy debate between members and big names in the industry pulling support from the critical CLARITY Act led to a delay.The vote to get the bill passed through the Senate Banking Committee was scheduled for Thursday.Despite the setback, Senate Banking Chairman Tim Scott, R-S.C., remains optimistic that the bill wi…
US Delays Vote On Key Cryptocurrency Market Bill
Yesterday, the US Senate postponed a vote on a bill aimed at defining the structure of the cryptocurrency market. The delay followed the withdrawal of support by one of the industry’s leading players, the Coinbase exchange.Coinbase CEO Brian Armstrong said the current version of the bill was “worse than having no legislation at all”. According to media reports:→ the bill could have banned rewards for holding stablecoins (USDC), depriving Coinbas…
Circle stock dives nearly 10% as Senate crypto bill hits snag — what CRCL traders watch next
New York, January 15, 2026, 9:29 PM (EST) — The market has closed. Shares of Circle Internet Group, Inc. dropped 9.7% on Thursday, ending the day at $76.60. The stock fluctuated between $84.74 and $76.22 during trading. The drop followed the U.S. Senate Banking Committee’s decision to postpone the “markup” session—where senators hash out amendments and vote on the bill text—for the Digital Asset Market Clarity Act. This came just hours after Coi…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
