Senate and Crypto Heavyweights Signal CLARITY Act Is Still Alive Despite Coinbase Revolt

Coinbase’s abrupt decision to withdraw support for the CLARITY Act sent a shock through Washington and crypto markets as well. It triggered the cancellation of a scheduled Senate Banking Committee markup and reignited fears that US crypto market structure reform could once again stall. However, if the immediate reaction appeared to be political chaos, the response that followed tells a more nuanced story. CLARITY Act Enters Critical Negotiation Phase After Coinbase Pull-Out Rather than collapsing, the bill appears to have entered a tense but deliberate pause, one that lawmakers, industry leaders, and even the White House insist is part of the final stretch, not the end of the road source: https://beincrypto.com/senate-clarity-act-crypto-bipartisan-coinbase/