Sen. Tillis informs Sen. Scott that Senate Banking Committee won't advance major crypto bill in April, eyeing May markup amid stablecoin yield talks.

According to Eleanor Terrett, Coinbase’s surprise withdrawal of support for the crypto market structure bill forced the Banking Committee to delay its planned Thursday markup (source: Eleanor Terrett on X, Jan 16, 2026). According to Eleanor Terrett, she asked Coinbase Head of U.S. Policy Kara Calvert whether talks with Banking Committee members had resumed following the withdrawal (source: Eleanor Terrett). According to Eleanor Terrett, Kara Calvert characterized the development as definitely a shock (source: Eleanor Terrett).