Crypto Bill Could See Delays as Senate Shifts to Housing and Affordability

The Senate’s high-profile crypto market-structure push hit a near-term roadblock after the Senate Banking Committee shifted focus to housing and affordability, while a major exchange stepped back from the bill. As of January 22, 2026, the combined effect is a delayed markup and a more uncertain federal timetable for digital-asset regulation.

Coinbase Could Pull CLARITY Act Support Over Stablecoin Rewards Ban

Coinbase is signaling it could pull its support for the CLARITY Act if lawmakers add a stablecoin-rewards ban that goes beyond disclosure requirements. The company’s position is that an outright prohibition would materially weaken reward-based stablecoin products that drive usage and retention.

Clarity Act delays led to $952M in crypto fund outflows: CoinShares

The U.S. legislative slowdown tied to the Clarity Act coincided with a $952 million weekly withdrawal from digital-asset investment products ending December 22, 2025, according to CoinShares. The report frames the move as a policy-driven risk-off shift that immediately tightened institutional risk budgets and redirected capital flows.