Coinbase Ditches Support for CLARITY Act Over Senate Changes: Crypto Reform Faces Major Hurdles

Coinbase Ditches Support for CLARITY Act Over Senate Changes: Crypto Reform Faces Major Hurdles

18 Jan Crypto News

In a shocking move, Coinbase has pulled its support for the Senate’s version of the . This decision has halted a key vote in the Senate Banking Committee and thrown U.S. crypto market reform into uncertainty. As the debate heats up, the future of digital assets in America hangs in the balance.

What is the and Why Does It Matter?

The is a major bill aimed at creating clear rules for crypto markets in the U.S. It seeks to define how digital assets are regulated, split duties between agencies like the SEC and CFTC, and build a stable framework for exchanges, DeFi, and stablecoins.

The House already passed its version. Now, the Senate is rewriting it. But changes in the Senate draft have upset big players like Coinbase, the largest U.S….

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