Fri, 10 Apregulation

Coinbase CEO backs US Treasury Secretary‘s push to pass CLARITY Act

Burns Brief

The public statement came about three months after the CEO said Coinbase could not support the crypto bill “as written“ before a crucial committee vote Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

The public statement came about three months after the CEO said Coinbase could not support the crypto bill “as written“ before a crucial committee vote.

Key Takeaways