Coinbase, crypto and SENATE BANKING COMMITTEE
Digest more
On Wednesday evening, the Senate Banking Committee delayed final discussions around a bill for creating greater regulatory clarity for crypto in the United States, fittingly known as the Clarity Act. The decision came as Coinbase CEO and deep-pocketed political donor Brian Armstrong went public with his complaints about the bill.
Coinbase Global and Robinhood Markets slump Thursday as fresh turmoil around a long-awaited U.S. crypto market-structure bill rattled investors.
Crypto industry leaders scrambled Thursday to salvage the market structure bill—but some conceded the bill now has lower chances of passage.
Senate delayed the CLARITY Act markup after industry backlash, while Armstrong stressed negotiations are intensifying as lawmakers revise the draft.
Coinbase plans 2026 expansion with crypto, equities, and commodities trading, plus stablecoin growth and Base chain adoption.
Coinbase Global (COIN) stock has declined by 15.1% over 21 trading days. The recent decline is indicative of increased regulatory scrutiny and the vulnerability
Brian Armstrong, CEO of Coinbase, has changed his mind about the major bipartisan crypto regulation bill before the U.S. Senate.
The top executive of the crypto exchange Coinbase scuttled a planned Senate committee vote on a major cryptocurrency bill after voicing his concerns, a sign of the company’s clout.