TechFlow reports that on January 16, Coinbase Global Inc. CEO Brian Armstrong lobbied U.S. Congress on January 16, 2026, aiming to ensure the company could continue offering rewards to customers holding stablecoins. The previous day, Armstrong had posted on social media opposing a draft legislative proposal on digital asset market structure scheduled for discussion by a Senate committee, causing the long-sought industry legislation to be postponed. The committee had originally planned to review the bill on Thursday.
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