{"id":129159,"date":"2026-01-22T14:47:41","date_gmt":"2026-01-22T14:47:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=129159"},"modified":"2026-01-22T14:47:41","modified_gmt":"2026-01-22T14:47:41","slug":"crypto-bill-delayed-several-months-as-senate-pivots-to-trumps-housing-initiatives","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=129159","title":{"rendered":"Crypto Bill Delayed Several Months as Senate Pivots to Trump\u2019s Housing Initiatives"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Crypto Bill Delayed Several Months as Senate Pivots to Trump\u2019s Housing Initiatives<\/a><\/p>\n

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The sweeping U.S. Senate effort to establish a comprehensive legal framework for cryptocurrency trading and oversight is likely to be pushed back for weeks or even months, after key legislative momentum stalled this week in the wake of major industry backlash.<\/p>\n

The Senate Banking Committee indefinitely postponed<\/a> work on its long-anticipated market structure bill \u2014 widely seen as the centerpiece of U.S. crypto regulation \u2014 after Coinbase, one of the industry\u2019s largest exchanges, publicly withdrew<\/a> its support for the measure.<\/p>\n

The withdrawal came at a crucial moment before a scheduled markup hearing, where lawmakers would have debated amendments and potentially advanced the bill toward a floor vote. With Coinbase no longer backing the legislation \u201cas written,\u201d the committee has shifted its immediate focus to other priorities, including housing affordability initiatives<\/a> tied to President Donald Trump\u2019s agenda.<\/p>\n

Industry insiders say the delay could stretch into late February or March, according to Bloomberg reporting<\/a>. Lawmakers wrestled with unresolved policy disputes and are trying to rebuild bipartisan consensus in a sharply divided Senate.<\/p>\n

Several factors are contributing to the slowdown. Coinbase\u2019s withdrawal of support, following CEO Brian Armstrong\u2019s decision, shows there are some deep divisions between crypto firms and portions of the bill\u2019s drafters, mainly around stablecoin rewards.<\/p>\n

Industry leaders argue<\/a> that provisions in the current text could weaken the Commodity Futures Trading Commission\u2019s authority, restrict decentralized finance (DeFi), and curtail stablecoin rewards \u2014 measures widely viewed as essential to continued crypto innovation.\u00a0<\/p>\n

Political dynamics are slowing the crypto bill\u2019s progress<\/h2>\n

At the same time, the traditional banking sector has pushed lawmakers to impose tighter restrictions on yield-bearing crypto products<\/a>, warning that such features could draw deposits away from banks and destabilize lending markets; that lobbying effort appears to have shaped the bill\u2019s language and intensified industry opposition.\u00a0<\/p>\n

Also, shifting legislative priorities ahead of the midterm elections have further slowed momentum, as senators face pressure to focus on voter-facing issues such as housing affordability.<\/p>\n

While some lawmakers insist the delay is temporary and that robust crypto rules remain achievable, the interruption highlights the fragile nature of legislative consensus on digital assets.\u00a0<\/p>\n

Senate Agriculture Committee members have released<\/a> a separate market structure draft, but industry observers caution it may lack the bipartisan backing necessary to prevail.<\/p>\n

Patrick Witt, executive director of the White House council on digital assets, has publicly urged continued negotiation, describing<\/a> regulatory clarity as \u201ca question of when, not if.\u201d However, he warned that without industry cooperation, future iterations could be less favorable to crypto firms.<\/p>\n

This post Crypto Bill Delayed Several Months as Senate Pivots to Trump\u2019s Housing Initiatives<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Crypto Bill Delayed Several Months as Senate Pivots to Trump\u2019s Housing Initiatives The sweeping U.S. Senate effort to establish a comprehensive legal framework for cryptocurrency trading and oversight is likely to be pushed back for weeks or even months, after key legislative momentum stalled this week in the wake of major industry backlash. […]<\/p>\n","protected":false},"author":0,"featured_media":129160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-129159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129159"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129159"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/129159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/129160"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}