Coinbase, a prominent U.S. crypto company, recently faced major opposition over its stance on controversial crypto legislation - the CLARITY Act. The company withdrew support on the eve of a key Senate vote, causing major tremors in the industry and potentially influencing regulatory outlook. CEO,
Brian Armstrong, asserted that the bill was detrimental to both consumers and the future of tokenized equities. The withdrawal sparked backlash from both the White House and rival crypto company, Securitize, who criticized the move and threatened to withdraw support for the legislation. Despite this turmoil,
Coinbase's future appears promising, with recent acquisitions including The Clearing Company and Echo, aimed at unlocking the future of on-chain capital formation and turning bullish on Coinbase despite a recent stock slide. Goldman Sachs turned bullish on Coinbase following the company's 12-month slide, indicating potential future rebound.
Coinbase News Analytics from Fri, 03 Oct 2025 07:00:00 GMT to Sat, 17 Jan 2026 23:16:41 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -5
