The US Senate Banking Committee remains optimistic about passing the CLARITY Act that seeks to regulate crypto markets, despite delays caused by opposition from Coinbase. Senators, including Cynthia Lummis, are working towards a bipartisan agreement. Coinbase withdrew support over concerns about tokenized securities bans, limits on DeFi, weakening the CFTC, and restrictions on stablecoin rewards, which led to postponing the bill's markup session.
