Ripple (XRP) Price: Will the CLARITY Act Pass After Endorsements From Coinbase, the SEC, and the U.S. Treasury?
10 Articles
10 Articles
Ripple (XRP) Price: Will the CLARITY Act Pass After Endorsements From Coinbase, the SEC, and the U.S. Treasury?
The post Ripple (XRP) Price: Will the CLARITY Act Pass After Endorsements From Coinbase, the SEC, and the U.S. Treasury? appeared first on 24/7 Wall St.. Quick Read Coinbase CEO Brian Armstrong endorsed the CLARITY Act on April 9 after his company blocked it twice over stablecoin yield restrictions that threatened $1.35 billion in annual revenue. Treasury Secretary Bessent, SEC Chairman Atkins, CFTC Chair Selig, and former crypto czar David S…
Crypto Regulation Heats Up As Coinbase CEO Supports CLARITY Act
The Office of the Comptroller of the Currency handed Coinbase a national bank trust charter last week — a major regulatory win that came as the crypto exchange’s CEO was ramping up pressure on Congress to finalize long-stalled digital asset legislation. Armstrong Reverses Course On Clarity Act Brian Armstrong, who pulled Coinbase’s backing from the Digital Asset Market Clarity Act back in January, is now calling on lawmakers to pass it. In a pos…
Coinbase CEO’s New Comment Signals Clarity Act Markup By April
The crypto community views Coinbase CEO Brian Armstrong’s latest comments on the Clarity Act as a sign that banks and the digital asset sector representatives have already found a compromise on stablecoin yields—the most hotly debated provision of the bipartisan bill. The positive feedback from Coinbase on the pending Clarity Act legislation has signaled optimism that the latest developments in negotiations between the banking and crypto sectors…
COIN Stock Prediction As Price Keeps Falling Despite SEC and CFTC Support for CLARITY Act
Coinbase (COIN) stock has dropped by 9% in the last two days, down from $187 on Wednesday’s market open to close trading at $169 on Thursday, April 9. The drop comes despite US financial regulators supporting US Treasury Secretary Scott Bessent in his call for Congress to pass the CLARITY Act. While this regulatory development The post COIN Stock Prediction As Price Keeps Falling Despite SEC and CFTC Support for CLARITY Act appeared first on Coi…
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