The post Senate Cancels Market Structure Act Meeting Amid Coinbase Controversy appeared on BitcoinEthereumNews.com. Key Points: U.S. Senate cancels Market StructureThe post Senate Cancels Market Structure Act Meeting Amid Coinbase Controversy appeared on BitcoinEthereumNews.com. Key Points: U.S. Senate cancels Market Structure

Senate Cancels Market Structure Act Meeting Amid Coinbase Controversy

Key Points:
  • U.S. Senate cancels Market Structure Act meeting amid Coinbase controversy.
  • Coinbase withdraws support, impacting legislative progress.
  • Stablecoin yield restrictions at the center of Coinbase’s objections.

The U.S. Senate Banking Committee canceled a meeting slated for tomorrow to discuss the Market Structure Act amidst controversy after Coinbase withdrew support on January 15.

This meeting cancellation signifies potential legislative gridlock, impacting future cryptocurrency regulations and market stability, as influential stakeholders like Coinbase challenge proposed stablecoin yield restrictions.

Senate Meeting Suspended: Coinbase’s Withdrawal Shakes Market Act

The unexpected cancellation of the Senate Banking Committee’s meeting on the Market Structure Act has stirred the crypto industry. Coinbase recently withdrew its support, citing dissatisfaction with the current bill’s provisions.

The proposed bill faced criticism for limiting passive yield on stablecoins, which could affect Coinbase’s financial performance. A $355 million quarterly stablecoin revenue was reportedly at risk.

emphasizing SEC power and DeFi limits.

Historical Precedents Heighten Regulatory Tensions in Cryptocurrency

Did you know? The Genius Act permitted stablecoin yields despite opposition, significantly impacting crypto regulatory conditions.

USDC remains stable at a price of $1.00 with a market cap of $75.77 billion and a 2.32% market dominance. As of the last update on January 15, 2026, USDC trading volume stands at $19.58 billion, reflecting steady activity. Data from CoinMarketCap shows a negligible price change over recent periods.

USDC(USDC), daily chart, screenshot on CoinMarketCap at 02:27 UTC on January 15, 2026. Source: CoinMarketCap

Industry analysts indicate that the Market Structure Act holds significant consequences for crypto regulations. Historical precedents such as the Genius Act highlight ongoing regulatory challenges, with potential technological restrictions posing substantial impacts. Read more about the Genius Act here.

Source: https://coincu.com/news/senate-cancels-market-act-meeting/

Market Opportunity
The AI Prophecy Logo
The AI Prophecy Price(ACT)
$0.02539
$0.02539$0.02539
+1.39%
USD
The AI Prophecy (ACT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Here is What Every Investor Should Do in a Crypto Bear Market

Here is What Every Investor Should Do in a Crypto Bear Market

The post Here is What Every Investor Should Do in a Crypto Bear Market appeared on BitcoinEthereumNews.com. When prices start to crater, crowds of traders run for the hills in fear, selling into a market bottom. But history has also shown that, painful as they are, downturns in crypto can be among the richest moments for those who know what they are doing. But unlike traditional markets, crypto never sleeps and trades off narratives, as well as moves right now on innovation, or news around the world. Which is why bear markets are so volatile — and also a time when they can be fertile ground for disciplined investors who are ready rather than panicked. In past cycles, the money managers who took this longer-term approach rather than chasing quick rebounds tended to make the biggest gains when the bull market returned. Against that kind of backdrop, the humpbacked migration-type of big-game whale behavior, like seen on MAGACOIN FINANCE, is a signal that pro money has already been quietly positioning for what’s upcoming, regardless of whether retail follows their tempo or not.  Focus on Fundamentals Bear markets separate the wheat from the chaff, revealing who is genuinely building utility and who was just hype. Investors would do well to monitor developer activity, real-world applications and active partnerships along with them. Strongly established, tech-backed cryptocurrencies with active communities have the best chances of weathering a storm and also making it against the upcoming bull cycle.  Accumulate Gradually Finding the exact bottom is nearly impossible. Instead of waiting for the “perfect” entry, strategies like dollar-cost averaging (DCA) allow steady accumulation over time. This approach lowers the emotional pressure of market timing and builds exposure at more favorable prices, preparing portfolios for recovery when optimism returns. Diversify Wisely Focusing on one token is exhilarating when the market is booming, but it can also be destructive during down cycles. Holding a…
Share
BitcoinEthereumNews2025/09/20 10:16
Eyes nine-day EMA barrier near 1.3450

Eyes nine-day EMA barrier near 1.3450

The post Eyes nine-day EMA barrier near 1.3450 appeared on BitcoinEthereumNews.com. GBP/USD remains steady for the second successive session, trading around 1.3430
Share
BitcoinEthereumNews2026/01/15 11:59
Why Bitcoin Is Rising Despite Hot US Inflation Data

Why Bitcoin Is Rising Despite Hot US Inflation Data

Bitcoin is showing renewed strength, climbing close to $97,000 and reaching its highest level in nearly two months. What makes the move notable is not just the
Share
Coinstats2026/01/15 11:53