
Coinbase Flexes D.C. Muscle Amid Crypto Regulation Push
Coinbase, valued at nearly $70 billion, demonstrated its growing influence in Washington by effectively halting a Senate committee vote on the Clarity Act, a major crypto bill. CEO Brian Armstrong publicly opposed the bill due to concerns over provisions impacting Coinbase's products and SEC authority, highlighting the company's willingness to leverage its market position to shape crypto regulation. This action underscores the increasing power of the crypto industry, particularly Coinbase, in the political landscape.






















