user-avatar
Patrick Sabeh

Coinbase Withdraws Support for U.S. Senate Crypto Bill; Committee Delays Markup

On January 14, 2026, Coinbase CEO Brian Armstrong said the exchange no longer supports the U.S. Senate's crypto market-structure bill after reviewing the Digital Asset Market Clarity Act draft. He cited risks to tokenized equities, DeFi, and stablecoin rewards, and the Senate Banking Committee postponed its planned markup.