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Crypto Bill Delay 'May Ultimately Be Constructive' for Final Product, Benchmark Says

  • Senator Tim Scott is facing opposition from Coinbase CEO Brian Armstrong regarding a crypto bill, causing delays in its progress as reported by Politico.
  • Senator Tim Scott is facing criticism from Armstrong, who prefers the Commodity Futures Trading Commission's involvement over the Securities and Exchange Commission.
  • Senator Elizabeth Warren expressed concern about the influence of crypto executives in the legislative process, as stated to Politico's Jasper Goodman.
  • Armstrong criticized changes to the bill that may limit crypto regulations, leading to the postponement of the bill's markup.
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U.S. legislators have put on hold an important bill on the structure of the crypto market after strong opposition from Coinbase. New criticisms from the Director General of the Exchange have raised doubts about the possibility that the proposal will proceed without changes. As a result, members of the Senate Banking Committee have delayed a scheduled revision session while re-evaluating the concerns of the industry and the regulations related to…

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Coingape broke the news in on Thursday, January 15, 2026.
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