Coinbase has withdrawn its support for the CLARITY Act, marking a significant change in the United States' approach to cryptocurrency regulation. The CLARITY Act was seen as a pivotal piece of legislation aimed at providing clear regulatory guidelines for the crypto industry in the U.S. Coinbase's decision to pull back from the Act could influence the country's ambition to establish itself as a global leader in the crypto space. The move has sparked discussions among industry experts and stakeholders about the future of crypto regulation in the U.S. and its potential impact on the country's position in the global crypto market. The withdrawal raises questions about the direction of U.S. crypto policy and its ability to foster innovation while ensuring regulatory compliance.
Coinbase Withdraws Support for CLARITY Act, Impacting U.S. Crypto Strategy
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