Why Coinbase Withdrew Support

On this week’s episode of Crypto In America Live, the team speaks with key industry stakeholders after the Senate Banking Committee pulled a highly anticipated vote on its landmark crypto market structure bill following Coinbase’s withdrawal of support. Kara Calvert, Coinbase’s head of policy, joins the show to explain why the exchange made the controversial move and whether it believes the bill can still be salvaged. We also talk to Jonathan Jachym, Kraken’s policy lead, on why the second-largest U.S. exchange wanted the markup to move forward.