Coinbase Pushes For Crypto Market-Structure Bill, But The Window Is Closing Fast
Posted On January 12, 2026
Coinbase (NASDAQ:COIN) has warned U.S. lawmakers it could withdraw support for a major crypto market-structure bill if new provisions restrict its ability to offer rewards on stablecoin holdings.
What Happened: The bill is headed for Senate committee markup this week, but proposed changes would limit stablecoin rewards to regulated banks or trust-chartered institutions.
Bloomberg reported on Monday the push is backed by the banking lobby and opposed by crypto-native firms.
Stablecoin rewards are a key revenue source for Coinbase, largely tied …
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