Coinbase Slumps Amid Clarity Act Vote Jitters

Crypto stocks are on the slide ahead of a crucial vote in the Senate. The CLARITY Act, which aims to regulate digital assets and the crypto industry, is set to be voted on soon.

Coinbase (COIN) shares are among those down as investors wait for clarity on how the regulation will impact their business model.

Meanwhile, Waystar's stock is up after a report emerged that the company is exploring options including a sale, just two years after going public in New York. This comes after a tough time for the firm, which has faced challenges since its listing.