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Senate Crypto Bill Hits Pause as Industry and Lawmakers Signal Talks Continue – DeFiance Media – 1.16.26

DeFiance Daily — A highly anticipated Senate Banking Committee markup on crypto market structure was abruptly delayed, just hours before debate was set to begin. The pause came the same day Coinbase CEO Brian Armstrong withdrew support for the current draft, while Senate Banking Chair Tim Scott emphasized that negotiations remain active and bipartisan. The delay highlights both mounting industry concerns and lawmakers’ insistence that talks are still moving forward.