Morning Minute: Coinbase Withdraws Support of Clarity Act, Markup Delayed
Brian Armstrong and crew stated that they cannot support the draft bill in its current state, leading to a delay in today's scheduled markup....
Brian Armstrong and crew stated that they cannot support the draft bill in its current state, leading to a delay in today's scheduled markup....
A revised Senate CLARITY Act draft would allow activity-based stablecoin rewards tied to payments, wallets and staking, while barring interest paid solely for holding tokens....
It's unclear when US lawmakers will return to address a market structure bill, but CEO David Solomon said Goldman Sachs was monitoring its progress for tokenization and stablecoins....
Steady ETF inflows, a bullish cup and handle chart pattern and improving sentiment across the total crypto market could propel Solana price to $190....
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said....
US lawmakers pause the CLARITY Act as DeFi leaders warn the bill still risks developers, DAOs rethink governance and regulators face mounting pressure....
With the CLARITY Act scheduled for a markup on Thursday, some lawmakers could still be at odds over decentralized finance, stablecoins and ethical concerns....
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks to members of the media on Capitol Hill in Washington, DC, US, on Thursday, Jan. 15, 2026. | Aaron Schwartz/Bloomberg via Getty...