Senate Crypto Bill Hits a Snag as Coinbase Pulls Support. Why Bitcoin Is Still Up.

Published: Thursday, January 15, 2026 · 10:58 AM  |  Updated: Thursday, January 15, 2026 · 10:58 AM

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The committee was due to consider the Digital Asset Market Clarity Act on Thursday after publishing a draft proposal of the market structure legislation earlier this week. Bitcoin was trading at $96,703 early in the day, up 1.7% over the past 24 hours, according to CoinDesk. Senate Banking Committee chair Tim Scott said “everyone remains at the table working in good faith,” in a post on X, describing the delay as a “brief pause.”

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