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🚨CLARITY Act Faces Collapse as Coinbase CEO Brian Armstrong Rejects Senate Draft — Crypto’s Biggest US🇺🇸 Bill on the Brink

👉Coinbase has withdrawn support for the Senate’s current version of the CLARITY Act, calling it worse than no legislation at all.

The company cites concerns over a near-ban on tokenized stocks, expanded surveillance of DeFi users, and restrictions on stablecoin rewards.

The backlash has already stalled momentum, with the Senate Banking Committee canceling its scheduled markup vote.#MarketRebound