According to the source, Coinbase criticized the patchwork of state crypto laws and called for federal preemption to establish uniform national rules for digital asset firms; this headline flags a regulatory-catalyst risk that traders track in U.S. crypto markets (source: social media post dated Sep 17, 2025).

According to the source, the U.S. crypto regulatory landscape is experiencing divergent trends at the federal and state levels, creating uncertainty for traders. At the federal level, Senator Adam Schiff, despite being seen as a crypto ally, has introduced the COIN Act to prohibit government officials like Donald Trump from issuing or sponsoring digital assets, citing ethical concerns over potential self-enrichment. This bill is one of several similar Democratic efforts that, while unlikely to pass the current Congress, highlight a persistent political division that could complicate broader market structure legislation. For traders, this signals ongoing regulatory risk and potential hurdles for achieving clear, bipartisan crypto laws. Simultaneously, at the state level, Connecticut has enacted a ban preventing its government from investing in, holding, or accepting cryptocurrencies like Bitcoin (BTC). This move directly opposes a growing trend in states such as New Hampshire and Texas, which are pursuing state-level crypto reserves. The legislative divergence between states like Connecticut and others creates a fragmented regulatory environment, potentially impacting crypto adoption and business operations across the United States.