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Coinbase Accused of Sabotaging Transparency Act for Crypto Trading

Guavy AI Editorial Team
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Arca CIO Mark Cooksey has spoken out about the demise of the CLARITY Act, which was meant to be implemented by Coinbase in January 2026. The act aimed to provide transparency and clarity in cryptocurrency trading.

In a recent interview on the Crypto World News, Cooksey stated that 'Coinbase killed' the CLARITY Act due to its own resistance.

Cooksey believes that Coinbase's opposition was a major factor in the act's failure, and that it would have had a significant impact if implemented.

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