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Coinbase, the Biggest U.S. Crypto Company, Asserts Its Power in Washington

The top executive of the crypto exchange Coinbase scuttled a planned Senate committee vote on a major cryptocurrency bill after voicing his concerns, a sign of the company’s clout.

A major cryptocurrency bill was headed for a committee vote in the Senate on Thursday after months of negotiations, a crucial step in the legislative process.
Then came a social media post from the top executive of Coinbase, the largest U.S. crypto c… [614 chars]

Source: The New York Times | Published: 2026-01-15T16:04:49Z

Credit: The New York Times

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