Coinbase Denies White House Standoff, Targets Stablecoin Compromise for CLARITY Act

Coinbase CEO Brian Armstrong has pushed back against reports of a deepening rift with the Trump administration, insisting that collaboration remains “super constructive” regarding the CLARITY Act. This followed a report from crypto journalist Eleanor Terrett, who said the administration was furious with the exchange. Polymarket Puts CLARITY Act Odds of Passage This Year at 41% According to the report, officials were prepared to withdraw support for the legislation unless Coinbase returned to negotiations with a compromise on stablecoin yields. At the heart of the dispute is the traditional banking sector’s fear of “deposit flight source: https://beincrypto.com/coinbase-rejects-white-house-rift-over-clarity-act/