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Coinbase warns it may exit the CLARITY Act if Senate bill limits stablecoin reward programs, a $1.3B revenue source.
Coinbase warns it may withdraw support for the CLARITY Act if the Senate bill restricts its ability to offer rewards on stablecoin holdings, a key revenue source that brought in $1.3 billion in 2025.
The company argues such limits would harm competition, undermine prior laws like the GENIUS Act, and push innovation offshore.
While banking interests push to restrict rewards to regulated banks, Coinbase maintains the current model fosters innovation and user engagement.
The Senate Banking Committee is set to mark up the bill on January 15, with the outcome uncertain amid growing political and industry tensions.
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Coinbase advierte que podría salir de la Ley CLARITY si el proyecto de ley del Senado limita los programas de recompensas de stablecoin, una fuente de ingresos de $ 1.3B.