White House threatens to pull support for crypto bill after Coinbase standoff: Report
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards.
Why this matters
Coinbase is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on CointelegraphRelated market context
House Finance panel chair says regulator actions on crypto ‘fall short’ of CLARITY bill
Representative French Hill hopes lawmakers could pass a cryptocurrency market structure bill before the next session of Congress i...
US Government Moves $103M in Seized Bitcoin and BNB to Coinbase Prime, Raising Sale Questions
The Bitcoin and BNB transactions drew attention because Coinbase Prime provides institutional custody and trading services for dig...
XRP ETFs now hold $1.7 billion but took in just $4M last week
XRP traded around $1.43 on Oct. 7, down 5.46% over 24 hours. Five tracked US spot XRP ETFs held an estimated $1.7 billion at the p...
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMark...
Coinbase Pro Returns With Deribit, Unlocking $30B Bitcoin Options Liquidity
Key Takeaways: Coinbase Pro returns with Spot, Futures, Perpetuals, Options, and Equities by the end of the year. Deribit is upgra...
Coinbase Completes Deribit Integration and Says Coinbase Pro Returns by Year-End
Coinbase said it has completed its integration of Deribit, creating what it calls the Coinbase Global Exchange, and that Coinbase...