Coinbase Comments on Delayed Crypto Bill as Congress Revises Market Structure Rules

Coinbase says the pending crypto market structure bill could reshape trading venues, urging clear definitions for digital asset exchanges and calling for safeguards against market manipulation. The firm highlighted need for investor protection and regulatory certainty.

Kraken announced its plan to comply with the anticipated legislation by upgrading its compliance infrastructure, adding real‑time transaction monitoring and expanding its legal team, aiming to meet the new reporting standards soon.

Congress delayed the crypto bill after debates over jurisdiction between the SEC and CFTC, with some lawmakers citing concerns about stifling innovation while others warned of unchecked crypto crime, especially activity traced to China recently.

Crypto Industry expects the revised rules to bring market stability, projecting reduced price swings for Bitcoin and other assets, while investors watch for potential shifts in liquidity as exchanges adapt to the new compliance framework.