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News Analysis

Crypto industry gave $8 million to Clarity Act lobbyists who didn't close the deal

In the first half of this year, the sector poured millions into lobbying, with most of it tied to pushing the U.S. market structure bill to a goal it never reached.

Coinbase CEO Brian Armstrong speaking to House Speaker Mike Johnson on July 18, 2025. (Jesse Hamilton, modified by CoinDesk)

Finance

Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'

The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin, CEO Zach Abrams said.

Zach Abrams, CEO of Open Standard (Open Standard, modified by CoinDesk)

Finance

Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme

The fraudster managed to scam about 100 people across the United States, convincing them of transferring funds to him, claiming their accounts had been hacked.

Brooklyn (Trevor Hayes/Unsplash)

Markets

Coinbase users can now borrow USDC against bitcoin at a fixed rate

Coinbase now allows users to borrow the USDC stablecoin against their bitcoin at a fixed interest rate and repayment date.

Coinbase (appshunter.io/Unsplash)

Finance

Coinbase, Robinhood, Circle could be early winners of SEC's tokenized-stock push, analysts say

Goldman Sachs and Citizens analysts said the agency's move create new opportunities in custody, tokenization infrastructure and stablecoin settlement, while giving brokers room to expand onchain products.

Coinbase CEO Brian Armstrong

Markets

Crypto wins regardless of Clarity Act vote, Coinbase's Armstrong says

Coinbase CEO tells CNBC the crypto industry gets regulatory clarity whether or not the Senate passes the bill on Sept. 15.

Coinbase CEO Brian Armstrong on July 18, 2025. (Jesse Hamilton/CoinDesk)

Finance

Better and Coinbase’s bitcoin-backed mortgages can reuse borrowers’ collateral

Better Mortgage can reuse the pledged bitcoin, and borrowers cannot recover their crypto until the main conventional mortgage is fully repaid or refinanced.

For sale sign (Getty Images/Grace Cary)

Finance

Coinbase debuts tokenized stocks on Base network, joining race to bring equities on blockchain

The crypto exchange is starting with tokenized versions of Apple, Nvidia, Meta and Alphabet, issued under its new Abu Dhabi framework.

Coinbase CEO Brian Armstrong (CoinDesk)

Policy

Trump pushes Congress to move on Clarity Act during White House crypto event

The CEOs from companies across several tech-forward sectors met with the president in advance of this week's first Innovation Advisory Committee at the CFTC.

President Donald Trump, regulators and crypto execs (White House video capture)

Policy

Trump expected to attend White House meeting with crypto CEOs, sources say

Those involved in a meeting of CEOs from the worlds of crypto, prediction markets and AI anticipate President Donald Trump will take part in next week's gathering.

Donald Trump speaking at the White House crypto summit. (Jesse Hamilton/CoinDesk)