Coinbase CEO Brian Armstrong expressed confidence that the Clarity Act, a U.S. federal bill to regulate digital assets, is likely to pass the Senate with broad support from crypto firms and banks. The legislation aims to clarify oversight between the SEC and CFTC, potentially unlocking institutional capital and enabling tokenized equity products. Armstrong also noted that even if the bill fails, regulatory clarity will come soon through SEC and CFTC rulemaking. Meanwhile, Coinbase is diversifying beyond crypto spot trading into stocks, commodities, and stablecoins, expanding internationally despite recent financial challenges and a decline in crypto trading revenue.
Coinbase has selected ION's XTP for Event Contracts to support the clearing of event contracts for Kalshi, the largest prediction market globally. This platform enables real-time, automated creation, resolution, and settlement of event-based contract...
Strategy (formerly MicroStrategy) stock has dropped over 56% in the past year due to Bitcoin's price decline and large unrealized losses on its 846,000 BTC holdings. Despite this, Benchmark's analyst Mark Palmer sets a bullish $435 price target, impl...
