Senate crypto bill likely delayed for weeks after Coinbase pulled its support

Market Intelligence Analysis

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Why This Matters

The Senate crypto bill is likely to be delayed due to Coinbase's withdrawal of support, slowing momentum for new crypto rules in Washington.

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.

The momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks.

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Full article on CoinDesk
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Original article published by CoinDesk on January 22, 2026.
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