Coinbase Reportedly Declines Again to Support Updated Clarity Act Draft

A report says Coinbase has not backed the revised Clarity Act draft, indicating continued disagreement over proposed U.S. crypto market structure legislation.

Summary

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Terms & Concepts
  • Clarity Act: A proposed crypto market structure bill intended to define how digital assets and related activities are regulated in the United States.
  • Crypto market structure legislation: Rules that determine which regulators oversee digital assets, trading venues, and token classifications.