White House threatens to pull support for crypto bill after Coinbase standoff: Report

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Why This Matters

The White House has threatened to pull support for the crypto bill after Coinbase withdrew its backing due to concerns over the draft's potential restrictions on DeFi, tokenized equities, and stablecoin rewards.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards.

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Original article published by Unknown on January 17, 2026.
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