Coinbase Again Declines to Support Updated Clarity Act Draft
Senator Tillis co-sponsored an amendment to tighten restrictions on stablecoin yield in the CLARITY Act.
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Senator Tillis co-sponsored an amendment to tighten restrictions on stablecoin yield in the CLARITY Act.
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.
Co-sponsor of yield-restriction amendment
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Cynthia M. Lummis