Coinbase stock rises as Senate revives CLARITY Act crypto bill — stablecoin rewards in play
Bitcoin and crypto-linked U.S. stocks nudged up in premarket Tuesday following Senate Banking Committee Chairman Tim Scott’s release of new text for a long-awaited crypto market structure bill. The proposal aims to clarify regulatory oversight across digital assets. Congress is pushing now to establish a broad federal framework after years of a patchwork of state rules and enforcement-driven federal oversight. Lobbying efforts have ramped up ahead of committee action this week, raising the stakes for listed firms that rely on U.S. trading volumes and custody fees. https://www.investmentnews.com/alternatives/its-a-pivotal-week-for-crypto-legislation-as-us-senate-debates-long-stalled-legislation/264780