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....
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....
Ugandan officials claimed that they could also shut down the internet-free, encrypted messaging app last week, but haven't done so yet....
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
With the CLARITY Act scheduled for a markup on Thursday, some lawmakers could still be at odds over decentralized finance, stablecoins and ethical concerns....
Sam Slater says he wants to raise his children in Massachusetts, despite paying the millionaire's tax. Sam Slater California's proposed wealth tax is sparking debate among billionaires across the stat...
Semafor CEO Justin Smith says his company hosted close to 100 events in 2025. His ambition is to build a Washington, DC-based event that's supposed to rivals the annual Davos gathering in Switzerland....