Coinbase Launches Ad Campaign Urging Congress to Pass CLARITY Act
Summary
- Coinbase has launched a new advertising campaign urging the US Congress to pass the CLARITY Act, a digital-asset market structure bill.
- The Senate voting schedule released that day did not include the CLARITY Act as prospects for action on the bill dimmed ahead of the chamber’s August recess.
- With the Senate set to begin its recess on Aug. 10, the chances of bringing the CLARITY Act to the full Senate before the break appear low.
Forecast Trend Report by Period
Coinbase has launched a new advertising campaign urging the US Congress to pass the CLARITY Act, a digital-asset market structure bill, Cointelegraph reported on Aug. 3.
The campaign comes as prospects for Senate action on the measure have dimmed ahead of the chamber’s August recess. The Senate voting schedule released that day did not include the CLARITY Act, according to the report.
With the Senate set to begin its recess on Aug. 10, the chances of bringing the CLARITY Act to the full Senate before the break appear low.
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