Coinbase Pulls Support, Senate Delays Vote on Crypto Bill

January fifteenth, twenty twenty-six brings a major setback to crypto legislation efforts. The Senate Banking Committee has postponed its markup of the bipartisan crypto market structure bill after Coinbase withdrew support, citing concerns that the legislation would be materially worse than the current status quo. Bitcoin holds above ninety-six thousand dollars while institutional demand surges with seven hundred fifty-four million dollars in ETF inflows, marking the largest single day since October. We break down the fractured industry response, the banking lobby's push to restrict stablecoin yields, and what this delay means for the future of crypto regulation in the United States.