Significant setback for the crypto market structure bill: The Senate Banking Committee has postponed its scheduled markup session on the Clarity Act following Coinbase's decision to withdraw its backing. The exchange's departure signals shifting dynamics in industry advocacy around regulatory clarity—a move that reshapes the legislative momentum for this closely watched crypto policy initiative. This turn of events highlights how institutional support remains critical in shaping the trajectory of digital asset regulation at the federal level.
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DegenMcsleepless
· 01-15 21:18
Coinbase, this wave is really unfaithful. We agreed to promote the Clarity Act together, but now a major institution is backing out. How are smaller exchanges supposed to continue?
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GateUser-00be86fc
· 01-15 12:03
Coinbase really dropped the ball here, messing up at a critical moment... Looks like the Clarity Act might be out of the picture for a while again.
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TokenStorm
· 01-15 12:00
Binance whales have gone silent. What does Coinbase's reversal mean? The policy storm is approaching. As retail investors, which side should we bet on?
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GamefiGreenie
· 01-15 11:56
Coinbase really dropped the ball this time, failing at a critical moment... After such a long partnership, they just pull out like that, and with the Senate bill gone, it's game over.
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RooftopReserver
· 01-15 11:53
Bad news, once Coinbase made this move, the entire rhythm got disrupted.
Is the Clarity Act dead? Or is it just a temporary delay tactic?
Big institutions say no, and retail investors' voices are hardly heard.
Now, let's see who still has the courage to stand firm and push forward...
The democratic voting approach really doesn't work in the crypto world.
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BlockchainWorker
· 01-15 11:50
Oh no, Coinbase's backstab was really sharp. Is the Clarity Act just done like that? Institutions say turning face is turning face.
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ZkSnarker
· 01-15 11:44
ngl coinbase really said "peace out" and suddenly everyone's shocked? like imagine if the biggest institutional player just... dips. well technically speaking, this is what happens when you don't actually have consensus lol. clarity act's momentum just got zero-knowledge-about-zero-knowledge'd fr
Significant setback for the crypto market structure bill: The Senate Banking Committee has postponed its scheduled markup session on the Clarity Act following Coinbase's decision to withdraw its backing. The exchange's departure signals shifting dynamics in industry advocacy around regulatory clarity—a move that reshapes the legislative momentum for this closely watched crypto policy initiative. This turn of events highlights how institutional support remains critical in shaping the trajectory of digital asset regulation at the federal level.