CLARITY Act Stalls, Putting Coinbase Under Regulatory Focus

The CLARITY Act failed to advance in the U.S. Senate, falling short of the 60-vote threshold needed to bring it to the floor for debate.

This setback puts Coinbase under regulatory focus, with Saxo Bank strategist Ruben Dalfovo arguing that the company's exposure is more immediate due to new rules affecting registration requirements and tradable assets.

Meanwhile, Standard Chartered expects Arbitrum to outperform major tokens through 2030, citing revenue-sharing dynamics and expanding onchain activity by traditional finance.

Bitmine projected $334 million in annualized staking revenue from its Ether holdings, with more than 5 million ETH reportedly staked.