Story perspectives

Lawmakers Reassess Crypto Regulations Amid Coinbase Concerns

1/12/2026

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Summary

Story summary

Lawmakers are revisiting the CLARITY Act to regulate digital assets in the United States.
Hearings are set for January 12 to review stablecoin rewards and Decentralized Finance (DeFi) rules covering prohibitions on officials profiting from crypto.
Coinbase warns it may withdraw support if stablecoin rewards are restricted, which underpins its revenue.
Banks say these rewards could divert deposits from traditional institutions.
The outcome of these negotiations could significantly influence the future of crypto regulation in the United States.

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Story summary

Lawmakers are revisiting the CLARITY Act to regulate digital assets in the United States.
Hearings are set for January 12 to review stablecoin rewards and Decentralized Finance (DeFi) rules covering prohibitions on officials profiting from crypto.
Coinbase warns it may withdraw support if stablecoin rewards are restricted, which underpins its revenue.
Banks say these rewards could divert deposits from traditional institutions.
The outcome of these negotiations could significantly influence the future of crypto regulation in the United States.