Techub News reports that Eleanor Terrett tweeted that the U.S. Senate Banking Committee has decided to cancel the scheduled market structure bill revision meeting set for tomorrow, due to the controversy surrounding Coinbase today. Terrett also stated that it is currently unclear whether a new meeting date has been set. Previously, Coinbase CEO Brian Armstrong publicly stated that the company "cannot support" the current version of the bill, and there remains uncertainty about the bill's future progress.

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