Coinbase stock gains as Senate drops long-awaited crypto rules draft — what COIN traders watch next
New York, Jan 13, 2026, 14:53 EST — Market open.
- Coinbase shares climb alongside bitcoin after U.S. senators unveil a draft bill targeting crypto market structure
- The proposal aims to transfer greater oversight to the CFTC and introduces fresh guardrails on stablecoin rewards
- Traders are zeroing in on Thursday’s Senate Banking debate, watching closely for any last-minute tweaks to the text
Shares of Coinbase Global gained Tuesday, buoyed by a rise in bitcoin and the release of a much-anticipated draft bill from U.S. lawmakers targeting clearer regulations for crypto markets. Coinbase climbed roughly 3.6%, reaching $251.70 in afternoon trading.
The draft legislation, unveiled late Monday, would clarify when…
