1h ago
Coinbase CEO Brian Armstrong Opposes Current US Senate Crypto Bill Draft
Coinbase CEO Brian Armstrong stated on Wednesday that the exchange cannot back the latest US Senate crypto bill in its current form, arguing it would be worse than existing rules. He warned the draft could amount to a ban on tokenized equities, restrict DeFi and privacy, weaken the CFTC relative to the SEC, and curb stablecoin rewards, just as lawmakers prepare for a key Senate Banking Committee phase.
Selecionado
1h ago
2h ago
Trump's 10% Credit Card Rate Cap Threatens Wall Street Bank Profit Momentum in 2026
On January 15, 2026, U.S. financial stocks came under pressure as markets reacted to President Donald Trump's push for a 10% federal ceiling on credit card interest rates. Major issuers including Capital One, JPMorgan Chase, and Citigroup saw share prices decline amid fears the plan could reduce interest income, trigger legal challenges, and force banks to rethink lending and rewards strategies.
2h ago
3h ago
U.S. Senate Banking Committee Drops Market Structure Act Session After Coinbase Pullback
On January 15, the U.S. Senate Banking Committee called off a scheduled meeting on the Market Structure Act after Coinbase withdrew its backing for the bill. The exchange objected to proposed limits on passive yield for stablecoins, putting an estimated $355 million in quarterly stablecoin revenue at risk and raising concerns over future crypto regulation. Market data shows USDC trading at $1.00 with a $75.77 billion market cap and $19.58 billion in volume as of January 15, 2026.
USDC
USDC-0.03%
3h ago