Cointelegraph’s latest report says Danish bank Saxo’s strategist believes Coinbase will face greater risk after stumbling under the CLARITY Act. As America’s largest crypto exchange, Coinbase’s trading business is directly exposed to US market structure rules, which could impact its profitability. In the short term, the COIN stock price may come under pressure and the crypto market may become volatile as a result. However, this could also accelerate the industry’s push for a more friendly regulatory environment; in the long run, it may not all be bad news.

#加密货币监管 $COIN $BTC

Saxo Bank strategist reveals Coinbase has more at stake with the CLARITY Act setback than anyone. As America's largest crypto exchange, Coinbase's trading biz is directly exposed to US market rules. This could hurt COIN stock price in the short term and cause crypto market volatility. But this might actually push the industry to find more favorable regulations - long term, could be a blessing in disguise.

#crypto_regulation $COIN $BTC