Coinbase spent enough to make the top-ten in the overall category of securities and investment lobbying, according to OpenSecrets.org, above even Goldman Sachs Group Inc. and Andreessen Horowitz. In U.S. law, lobbying must be legally disclosed through federal filings (though plenty of soft lobbying happens around the edges at parties and other events). CoinDesk’s review […]
The Senate’s failure to advance the Clarity Act on Tuesday was a major setback for the crypto industry’s push to lock market structure rules into law, but the reaction from industry leaders was notably measured. Crypto executives said the vote does not unwind the regulatory progress already underway at the SEC and CFTC, nor is […]
Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) releasing a compromise text Friday on stablecoin yield in the Digital Asset Market Clarity Act, the final major sticking point in the bill. The text bars crypto firms from paying interest […]