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....
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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....
Senate Banking Committee Chairman Tim Scott says further negotiations to garner bipartisan support for a key crypto-regulating bill are needed before it can advance....
With the CLARITY Act scheduled for a markup on Thursday, some lawmakers could still be at odds over decentralized finance, stablecoins and ethical concerns....
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....
Brian Armstrong posted to social media late on a Wednesday saying Coinbase couldn't “support the bill as written,“ potentially leading to a postponement in consideration....
Megatel Homes says it's launching a program where renters could receive rewards for paying their rent using a crypto token....
Bitcoin mining stocks like Bitdeer and CleanSpark jumped Wednesday as BTC climbed above $97,000 for the first time since November....
Senate efforts to rewrite U.S. crypto rules hit another snag after the Banking Committee delayed markup of the industry-shaping bill....
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
The integration marks a key step in the crypto exchange's second-phase rollout, bringing Uniswap’s markets directly to its layer-2 network....
Polygon Labs CEO Marc Boiron told Cointelegraph that the acquisitions position the network as a regulated payments platform built to move stablecoins onchain at scale....