Coinbase-Backed Group Reacts to Clarity Act Setback
Sep 16 2026 09:58 UTC - Maisie Morrison
Senate fails to advance the Clarity Act; Coinbase-backed Stand With Crypto warns senators of midterm consequences over the failed vote.
➤ The Senate failed to advance the Clarity Act, a bill aimed at establishing federal rules for digital assets and clarifying oversight between the SEC and CFTC.
➤ Coinbase-backed Stand With Crypto criticized the outcome, vowing to add the vote to lawmaker scorecards and warning of midterm consequences for senators who opposed the bill.
➤ Banking groups had lobbied for stricter limits on stablecoin rewards, citing concerns that stablecoin payments could draw deposits away from traditional banks.
Read more at: https://rwatimes.io/articles/blockonomi-coinbase-backed-group-reacts-to-clarity-act-setback-1225444724?utm_source=binance
Sep 16 2026 09:58 UTC - Maisie Morrison
Senate fails to advance the Clarity Act; Coinbase-backed Stand With Crypto warns senators of midterm consequences over the failed vote.
➤ The Senate failed to advance the Clarity Act, a bill aimed at establishing federal rules for digital assets and clarifying oversight between the SEC and CFTC.
➤ Coinbase-backed Stand With Crypto criticized the outcome, vowing to add the vote to lawmaker scorecards and warning of midterm consequences for senators who opposed the bill.
➤ Banking groups had lobbied for stricter limits on stablecoin rewards, citing concerns that stablecoin payments could draw deposits away from traditional banks.
Read more at: https://rwatimes.io/articles/blockonomi-coinbase-backed-group-reacts-to-clarity-act-setback-1225444724?utm_source=binance