Coinbase Pulls Support From CLARITY Act as U.S. Crypto Market Reform Enters Critical Phase

Coinbase has withdrawn support for the CLARITY Act after Senate changes, delaying markup and reshaping the debate over U.S. crypto market structure reform.

 


 

 

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Coinbase Withdrawal Jolts Washington and the Crypto Industry

A sudden shift by Coinbase has sent ripples through Washington and the digital asset sector. The company’s decision to withdraw support for the Senate version of the CLARITY Act forced the cancellation of a planned Senate Banking Committee markup and reopened concerns that U.S. crypto market structure reform could stall once again.

Lawmakers and…

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