Crypto Bill Likely Delayed for Weeks by Banking Committee After Major Exchange Withdrew Support

2026-01-22 03:23:55

Source: CryptoNewsNet Original Title: Crypto bill likely delayed for weeks by Banking Committee after Coinbase pulled its support Original Link: The Senate Banking Committee won’t return to its work on crypto market structure for at least a few weeks.

After last week’s public pull-out by a major crypto exchange, the committee postponed its plans to hold a markup hearing — where lawmakers could debate and vote on amendments — indefinitely. One individual familiar with the matter indicated that committee Republicans and the White House wanted the crypto industry at large to sort out its issues on stablecoin reward provisions with the banking industry before revisiting the provisions.

According to recent reports, the committee will instead pivot to housing, following recent calls for institutional investors to divest from houses and otherwise reduce the cost of housing.

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