Major Exchange Withdraws Support From U.S. Crypto Market Structure Bill

MEVictim · 2026-01-14T23:20:29+00:00

Coinbase CEO Brian Armstrong announced the exchange is withdrawing support from a crypto market structure bill due to concerns over issues like a ban on tokenized equities and regulations on decentralized finance. Armstrong prefers no bill over a flawed one.

MEVictim

2026-01-14 23:20:29

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Source: CryptoNewsNet Original Title: Coinbase pulls support from crypto market structure bill Original Link: https://cryptonews.net/news/legal/32279077/ 某合规平台 CEO Brian Armstrong announced on Wednesday that the exchange was withdrawing support from the crypto market structure bill.

Armstrong stated that there were “too many issues” with the bill released on Monday night. The Senate Banking Committee is scheduled to hold a hearing on the bill and vote to advance it on Thursday morning.

Armstrong’s concerns include “a defacto ban on tokenized equities,” proposed regulations on decentralized finance, how it approaches the CFTC and proposed amendments on the bill.

“We appreciate all the hard work by members of the Senate to reach a bi-partisan outcome, but this version would be materially worse than the current status quo. We’d rather have no bill than a bad bill. Hopefully, we can all get to a better draft,” he said.

Lawmakers have proposed over 75 amendments to the bill, though typically many would be defeated or withdrawn before they’re added to the actual legislation.

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0xDreamChaser

· 17h ago

Thinking about it, Coinbase's recent actions are really... Where is the industry voice we were promised?

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TokenDustCollector

· 17h ago

Oh no, did Coinbase suddenly turn against us? They were quite supportive before, and now they've pulled out again...

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MEV_Whisperer

· 17h ago

What is Coinbase playing at here? Supporting it one moment and withdrawing the next? It seems like there might be an issue with this bill itself.

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PanicSeller

· 17h ago

Hmm... CB's recent actions are really outrageous. Where's the promised support?

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WhaleInTraining

· 17h ago

Sigh, Coinbase's recent actions are really a bit off-putting... What happened to the promises?

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GasFeeCrier

· 18h ago

Coinbase's move is really outrageous. They say they'll support something and then support it, say they won't and then withdraw. This is the true face of institutions.

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