Senate Blocks Clarity Act in 49-50 Vote, Stalling Crypto Market Rules
Senators failed to reach 60 votes on the Clarity Act. All Democrats and four Republicans stopped debate on digital asset rules.
Senators failed to reach 60 votes on the Clarity Act. All Democrats and four Republicans stopped debate on digital asset rules.
Compass Point lifts Coinbase to Neutral and Bullish to Buy before the Senate Clarity Act vote, citing Bitcoin’s cycle and tokenization.
The bank says its capital-light JV with Starwood captures less value than peers building AI data centers.
President Trump hosted top crypto executives at the White House and urged Congress to pass a fair version of the Clarity Act for clearer industry rules.
Revenue hit $174.9M (down 27%), net loss $1.60/share from Bitcoin mark-to-market losses.
Bitcoin and Coinbase surge after Bessent signals the CLARITY Act is close to passage. White House ethics agreement removes final hurdle ahead of August recess.