CLARITY Act Stirs Debate as Coinbase Pushes Back on Stablecoin Yield Restrictions

TLDR: Coinbase risks losing $1.35B in annual revenue if the CLARITY Act’s passive yield ban passes as written. White House Crypto Adviser Patrick Witt warned Coinbase to stop blocking the bill or face losing the deal entirely. JPMorgan’s Dimon publicly clashed with Coinbase’s Armstrong at Davos 2026 over the CLARITY Act’s stablecoin terms. Coinbase charges [...]

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