2026-01-15 01:21:55

Major cryptocurrency exchange Coinbase has announced it will not support the Senate's proposed crypto legislation, positioning itself ahead of an upcoming banking committee vote. This regulatory stance reflects ongoing tensions between the crypto industry and lawmakers crafting digital asset frameworks. The decision signals potential divisions within the sector regarding how institutional players approach congressional proposals on cryptocurrency governance.

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OnchainDetectiveBing

· 21h ago

Coinbase's opposition this time is quite fierce. Is it true?

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SerumSquirter

· 21h ago

Coinbase is once again challenging Congress, I've seen this routine too many times...

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NFTragedy

· 21h ago

Coinbase's move is really impressive, first shifting blame and then observing the trend. This is the survival strategy of big institutions.

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FlatTax

· 21h ago

What is Coinbase doing? They don't support Senate's proposal? Are they planning to go solo?

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TxFailed

· 21h ago

ngl coinbase doing the classic "we'll just sit this one out" move is peak institutional energy. technically speaking, they're protecting themselves both ways—can't get lobbied if you're already on the fence, right? learned this the hard way watching every exchange flip positions mid-debate. saved everyone some future regulatory whiplash probably.

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