{"id":71056,"date":"2026-02-05T15:31:32","date_gmt":"2026-02-05T15:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=71056"},"modified":"2026-02-05T15:31:32","modified_gmt":"2026-02-05T15:31:32","slug":"crypto-market-structure-bill-pulled-not-because-of-what-coinbase-said-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=71056","title":{"rendered":"Crypto Market Structure Bill Pulled &#8216;Not Because Of What Coinbase Said&#8217;: Report"},"content":{"rendered":"<div>\n<p>Senator <strong>Cynthia Lummis<\/strong> (R-Wyo.) on Thursday said the Senate Banking Committee pulled the crypto bill the day before a scheduled vote due to bank concerns about losing deposits, pushing the legislation into spring.<\/p>\n<h3 class=\"wp-block-heading\">Why The Vote Was Canceled<\/h3>\n<p>Lummis <a href=\"https:\/\/x.com\/atrupar\/status\/2019395802343374976\">told<\/a> <strong>Maria Bartiromo<\/strong> on Fox that the committee had scheduled a markup but pulled it the day before \u201cnot because just of what Coinbase had said about it, but because there was other concern.\u201d<\/p>\n<p>The primary concern: banks and credit unions have committee members worried they will lose deposits if crypto firms can pay interest on stablecoins.\u00a0<\/p>\n<p>This fear overrode <strong>Coinbase<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/COIN\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"COIN\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\">COIN<\/a>) CEO <strong>Brian Armstrong\u2019s<\/strong> public <a href=\"https:\/\/www.benzinga.com\/Opinion\/26\/01\/49931241\/coinbase-withdraws-support-for-crypto-bill-over-stablecoin-rewards-ban\">opposition<\/a>.<\/p>\n<p>Senate Majority Leader <strong>John Thune<\/strong> (R-SD) assured Lummis he will reserve time on the Senate schedule for later this spring, despite the difficulty of securing floor time.<\/p>\n<h3 class=\"wp-block-heading\">The White House Meeting Failed<\/h3>\n<p>A White House meeting Monday aimed &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/02\/50415702\/crypto-market-structure-bill-pulled-not-because-of-what-coinbase-said-report?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Crypto\" market structure bill pulled because of what coinbase said report>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Senator Cynthia Lummis (R-Wyo.) on Thursday said the Senate Banking Committee pulled the crypto bill the day before a scheduled vote due to bank concerns about losing deposits, pushing the legislation into spring. Why The Vote Was Canceled Lummis told Maria Bartiromo on Fox that the committee had scheduled a markup but pulled it the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-71056","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/71056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71056"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/71056\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}