Coinbase Again Declines to Support Updated Clarity Act Draft
Senator Booker joined bipartisan efforts to draft the Senate version of the digital asset market legislation.
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tl;dr
Coinbase has withheld support for a new draft of the CLARITY Act, stalling Senate progress. The exchange objects to stablecoin yield restrictions and DeFi surveillance, highlighting the legislative friction between industry leaders and bipartisan Senate negotiators.
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CACory A. BookerD-New Jersey
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