A major shift is unfolding in crypto policy circles. Coinbase has suddenly withdrawn its backing for the digital asset market structure bill, a move that's caught industry players off guard. Meanwhile, Ripple and a16z are taking a different route—they're continuing their support, creating a notable split among the sector's heavyweight players. This divergence raises important questions about coalition building in the crypto advocacy space and what it means for these companies' coordinated efforts moving forward.

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