Bitcoin's 'miner exodus,' UK bans some Coinbase crypto ads: Hodler’s Digest, Jan. 25 – 31
CoinTelegraph
by Editorial StaffFebruary 1, 2026
AI-Generated Deep Dive Summary
The crypto world this week saw significant developments impacting both policy and market dynamics. The US Senate’s Agriculture Committee advanced a crucial cryptocurrency market structure bill, which seeks to establish clearer rules for digital asset markets. This legislation aims to provide the Commodity Futures Trading Commission (CFTC) with authority over spot markets, set intermediary standards, and enhance consumer protections. Meanwhile, the UK Advertising Standards Authority (ASA) banned Coinbase ads for trivializing crypto risks, while the US Department of Justice’s cryptocurrency enforcement team remained disbanded under current leadership.
The Senate’s market structure bill represents a major step toward regulating digital assets more formally, addressing long-standing concerns about market clarity and investor protection. Advocacy groups like Stand With Crypto and the Crypto Council for Innovation have praised the bill for its potential to bring order to the crypto space, though critics warn it could stifle innovation. The legislation’s progress reflects growing bipartisan interest in crypto regulation as the industry continues to evolve.
In the UK, Coinbase faced backlash over its advertising strategies, which were deemed irresponsible by the ASA. The watchdog highlighted how the ads downplayed risks and oversold crypto as a solution to economic challenges. This move underscores increasing regulatory scrutiny of crypto marketing practices globally, aiming to prevent misleading claims that could harm unsophisticated investors.
The US Department of Justice’s shutdown of its cryptocurrency enforcement team has sparked criticism from lawmakers and advocates. Critics argue that the disbanding of the National Cryptocurrency Enforcement Team (NCET) undermines efforts to combat fraud and money laundering in the crypto space. The NCET played a key role in high-profile investigations, including those against Binance and its founder Changpeng “CZ” Zhao. However, Deputy Attorney General Todd Blanche has defended the decision, stating that the DOJ is not intended to be a digital assets regulator.
Finally, the legal landscape saw another significant development as Cere Network’s co-founder and
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Originally published on CoinTelegraph on 2/1/2026