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Coinbase says crypto bill deal clears Senate path

Coinbase says crypto bill deal clears Senate path

Coinbase says Senate negotiators have reached a deal on a disputed crypto bill provision tied to stablecoin rewards. 

Summary

  • Coinbase says negotiators reached a rewards compromise, easing a key delay for the CLARITY Act.
  • Banks secured limits on deposit-like yield, while crypto firms kept activity-based user rewards under rules.
  • The Senate markup path now depends on committee support, regulatory details, and wider political backing.

The agreement could help the CLARITY Act move toward a Senate markup after months of delay.

According to a Reuters report, the debate centered on whether crypto firms and stablecoin issuers should offer rewards to customers. Banks…

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