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Techub News reports, according to Eleanor Terrett, a16z founders Marc Andreessen and Chris Dixon had lunch with Republican senators today, emphasizing the need to pass cryptocurrency market structure legislation to solidify the United States' global leadership in this field. The meeting also touched on the topic of AI, stating that the U.S. must maintain its leading edge in both cryptocurrency and AI. Currently, this meeting is seen as a key step in advancing the relevant legislation.
Techub News reported, according to The Korea Herald, a lawmaker from South Korea's ruling party proposed amendments to the Capital Markets Act and the Virtual Asset User Protection Act, mandating that key opinion leaders (KOLs) providing investment advice on cryptocurrencies and other assets disclose their personal asset information and any compensation received for promoting cryptocurrencies. The proposal requires influencers to disclose the types and quantities of assets related to the crypto assets and financial products they recommend, with specific details to be stipulated by presidential decree. Violators will face penalties consistent with existing capital market violations (such as price manipulation, front-running). The proposal addresses issues such as influencers spreading misleading information on unregulated social media, engaging in self-dealing, and conflicts of interest, aiming to enhance investor transparency and protect their interests.
Techub News reported, according to Cryptopolitan, Polish President Karol Nawrocki has vetoed the government-submitted "Cryptocurrency Market Act" again. The bill aims to incorporate the EU's MiCA regulations into Polish domestic law but is accused of imposing stricter rules on local crypto businesses than EU standards. Points of contention include granting excessive supervisory powers to the Polish Financial Supervision Authority (KNF), such as the ability to suspend or prohibit public offerings and trading of crypto assets, and to impose sanctions on non-compliant intermediaries; the bill also stipulates that token offerings or service provisions not reported to the KNF will bear criminal liability, with the most severe violations subject to fines of up to 10 million zloty (approximately $2.8 million). Previously, in December last year, the Polish President had already vetoed a similarly strict crypto regulatory bill.
Techub News reports, according to The Block, Robinhood Chairman Vlad Tenev stated that despite delays in the advancement of the Senate market structure bill, he still supports the bill and believes a clear regulatory framework is crucial for the development of the crypto industry. Tenev said advancing the legislation would help provide clearer rules and a level playing field for market participants. This statement came after the Senate Banking Committee canceled a scheduled meeting due to controversy.
Techub News: Eleanor Terrett posted on X that the U.S. Senate Banking Committee has decided to cancel the market structure bill markup session originally scheduled for tomorrow, related to today's controversy surrounding Coinbase. Terrett also stated that it is currently unclear whether a new meeting date has been set. Previously, Coinbase CEO Brian Armstrong recently stated publicly that the company "cannot support" the current version of the bill, and uncertainty remains regarding the bill's future progress.
Techub News reports, according to CoinDesk, the hearing on the crypto market structure bill originally scheduled for January 15 by the U.S. Senate Agriculture Committee will be postponed. The bill text will be released on January 21, and a review hearing will be held on January 27. This adjustment is to ensure legislative transparency and provide committee members with sufficient review time. The current version of the bill may struggle to gain bipartisan support.
Techub News reported, according to Cointelegraph, sources said that members of the U.S. Senate Banking Committee are expected to advance the markup process for the crypto market structure bill in the second week of January. The relevant review, which was not completed by the end of 2025, has been carried over to early 2026. Meanwhile, the U.S. Senate Agriculture Committee is also reviewing its version of the market structure bill, which may subsequently proceed to a full Senate vote.
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