THE CRYPTO MARKET STRUCTURE BILL WAS DELAYED BECAUSE OF BIG BANKS ???
It is partially true, but the situation is more of a "tug-of-war" between big banks and major crypto players than a simple delay caused by one side. As of January 15, 2026, the Senate Banking Committee has officially postponed its markup of the Digital Asset Market Structure bill (often referred to in the context of the CLARITY Act).1 While "big banks" played a significant role, they weren't the only ones pushing for the pause.
The Breakdown of Why It Was Delayed: Big Banks (ABA) The American Bankers Association (ABA) and over 10,000 bankers lobbied intensely to close loopholes regarding stablecoins. They fear that if crypto firms can pay interest/yield on stablecoins, it will drain trillions from traditional bank deposits.Coinbase / Crypto Industry In a surprise move on January 14, Coinbase CEO Brian Armstrong withdrew support for the bill. He argued the current draft was "worse than the status quo," citing concerns over a ban on tokenized stocks and excessive government access to financial records.Senate Democrats Led by Senators like Sherrod Brown and Elizabeth Warren, many Democrats felt the bill lacked enough "guardrails" and consumer protections, preferring to wait for a version that is more bipartisan. Key Points of Contention: Stablecoin Yields: Banks want a total ban on crypto firms paying interest on stablecoins to protect their own deposit base. Crypto firms see this as a direct attack on their business model.Regulatory Turf: There is still a major fight over whether the SEC or the CFTC should have the upper hand in regulating the market.The "Status Quo" Dilemma: Major crypto exchanges would rather have no bill at all than a "bad bill" that adds heavy restrictions without providing the "clear rules of the road" they were promised. The Verdict: While big banks certainly applied massive pressure to change the bill's language (specifically regarding stablecoins), the delay was triggered by a simultaneous collapse in support from the crypto industry itself. Both sides are currently unhappy with the current draft for opposite reasons.
$FIL Bullish Anticipation: The community largely anticipates a significant upward movement for #Filecoin , with discussions highlighting its strong development, ecosystem growth, and potential for price follow-up from other storage tokens.
Filecoin’s ecosystem growth is primarily fueled by its expanding utility and robust development.
Key Growth Drivers Public goods funding initiatives and increasing real-world adoption, like archiving significant media, demonstrate Filecoin’s growing practical applications and network value. This utility expansion is complemented by sustained developer activity, consistently ranking among the most active teams, ensuring continuous innovation and platform health.Filecoin’s fundamental strength lies in its ability to attract diverse projects and real-world use cases, solidifying its long-term potential.
$XRP Regulatory Expansion: Ripple’s preliminary EMI license in Luxembourg, following Singapore approval, enables regulated payment services across the EU, expanding its global operational footprint.
$LINK ETF Inflows: Bitwise’s LINK spot ETF attracted $2.59 million in net inflows on its first day, contributing to over $66 million in cumulative inflows for LINK spot ETFs, signaling strong institutional interest.
Binance's former CEO, CZ, has declared Bitcoin's rise to $200,000 inevitable. During a Binance Square AMA, he stated the question is "when," not "if," the cryptocurrency will reach that price. #BTC
LATEST: Coinbase will not support the current Senate crypto bill, CEO Brian Armstrong states. Key objections include provisions that would effectively prohibit tokenized equities, severely restrict DeFi operations, and amend stablecoin regulations in a way that "favors banks over competition."
$440 BILLION. That's what Amazon, Google, Meta, and Microsoft are reportedly planning to pour into AI in 2026 (Bloomberg). The stakes have never been higher.
JUST IN: Bitcoin ETFs purchased a net 8,260 BTC yesterday, dwarfing the daily production of approximately 450 newly mined coins. This unprecedented demand pressure suggests a significant market inflection point.
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$LINK ETF Approval: The Bitwise Chainlink ETF has been approved for listing on NYSE Arca, with trading commencing tomorrow, expanding institutional access to #LINK .
$ARB Ecosystem Growth: Arbitrum demonstrates robust health with a 72.9% increase in development activity and $47.5 million in net bridged inflows, signaling capital migration and potential expansion. #Arbitrum #ARB
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