Coinbase Withdraws Support for Crypto Market Structure Bill

Published at 2026-01-14 21:45:10

Coinbase said on Jan. 14, 2026 that it is withdrawing support for a pending crypto market structure bill, with CEO Brian Armstrong saying the proposal contained "too many problems." The decision ends the company’s backing of the measure and signals a public split between a major exchange and the bill’s drafters over key elements of the framework. The withdrawal could complicate efforts to build a bipartisan or industry-wide coalition behind the legislation, increasing uncertainty about amendments or whether an alternative proposal will emerge. Market participants and policymakers will likely watch for responses from other exchanges, lawmakers and advocacy groups in the coming days, as well as any revisions that might address Coinbase’s stated concerns.

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Coinbase CEO Brian Armstrong said there is no clash with the White House and that talks remain ongoing as the industry works on proposals tied to the CLARITY market-structure bill. The focus is on ways to support community banks' role in crypto.

CoinbaseBrian ArmstrongCLARITYCommunity BanksRegulationUS Politics

Published at 2026-01-18 00:15:08

Georgia Orders Shutdown of Unlicensed Crypto ATMs

State authorities ordered Virtual Assets LLC to cease operations after the firm failed to demonstrate it was an authorized money transmitter. The action removes access to the company’s ATM network while regulators assess compliance.

Crypto ATMsRegulationVirtual Assets LLCGeorgiaCompliance

Published at 2026-01-17 21:45:06

Texas, New Hampshire Lead U.S. Race to Put Bitcoin on State Balance Sheets

Texas and New Hampshire are among a growing number of U.S. states moving to add Bitcoin (BTC) to their balance sheets as Congress advances a federal crypto market structure bill. The actions signal rising state-level appetite for digital-asset exposure and could shape wider treasury practices.

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Published at 2026-01-17 15:45:05

California fines Nexo $500K over unlicensed loans, stalling US comeback

California regulators have fined crypto lender Nexo $500,000 for issuing thousands of loans without a required license, creating a setback for the firm's plans to resume U.S. operations.

RegulationCrypto LendingCaliforniaEnforcement

Published at 2026-01-17 13:00:08

Senators Push Back on Tim Scott’s Broad Crypto Bill

Senate Banking Chairman Tim Scott's sweeping crypto bill faces sharp criticism from Senate Judiciary Chairman Chuck Grassley and ranking member Dick Durbin, who say the measure raises serious concerns. The bipartisan pushback could slow or reshape the proposed regulatory overhaul.