Coinbase Legal Chief Steps Down: Is Clarity Act Dead?

Coinbase Render Listing Puts AI Compute Tokens Back In Front Of Retail Traders is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Coinbase listings st

The post Will a $189M Lobbying Campaign Result in Crypto CLARITY? appeared on BitcoinEthereumNews.com. The crypto industry has spent years convincing Washington that it deserves a seat at the table. Now, as Congress inches toward passing the CLARITY Act, a long-awaited crypto market structure bill, it seems it finally has one. The question is no longer whether lawmakers are listening to digital asset advocates, but whether the crypto lobby’s deep pockets and influence in election campaigns will be enough to get the legislation over the line. That debate comes as Senate negotiators work toward a potential floor vote before Congress breaks for its August recess.  In a June 25 thread on X, Kristin Smith, president of the Solana Policy Institute and former chief executive of the Blockchain Association, argued that crypto’s advocacy operation is “the strongest and most sophisticated it has ever been.” She pointed to bipartisan negotiations, daily meetings with lawmakers, and what she descri

As the CLARITY Act advances, crypto's growing political influence in Washington is under scrutiny. But the crypto lobby's massive campaign spend is only part of the story.

The post SEC could start writing crypto rules before the Senate votes on CLARITY appeared on BitcoinEthereumNews.com. Three SEC crypto proposals are now penciled in for July, covering token offerings, broker-dealer custody and trading venues. The agency could start writing the rules before the Senate even decides whether to take up the CLARITY Act. Earlier this week, SEC Chair Paul Atkins said the agency’s 2026 regulatory agenda aims to bring more crypto products onshore, create clearer rules for capital raising with crypto assets, and clarify how market participants can custody and facilitate the trading of tokenized securities on-chain. According to him: “[These efforts are to] ensure that the next chapter of financial leadership is written in the US, and that our capital markets continue to lead the world – in their depth, their dynamism, and their unrivaled ability to transform ingenuity into prosperity.” That posture has translated into three July NPRM targets covering crypto-asse

The post Paul Grewal Bids Farewell to Coinbase After Landmark SEC Win & CLARITY Act Push appeared on BitcoinEthereumNews.com. Coinbase Chief Legal Officer Paul Grewal has announced his departure from the company after six years at the helm of its legal and policy operations. His exit marks the close of a defining chapter for one of the most prominent Chief Legal Officers in the crypto industry. Paul Grewal Six-Year Legacy at Coinbase On July 9, 2026, Grewal took to his X handle to disclose his departure date to the public, stating it would be by month end. This notice sparked a lot of mixed feelings from the community. Paul Grewal took up the Chief Legal Officer position at Coinbase in 2020, amidst the intense regulatory scrutiny for the whole crypto industry. Notwithstanding, he made a remarkable impact during his tenure. ​ After 6 years I’m leaving @Coinbase. I’ll be transitioning to an advisory role at the end of the month and continue my service on the Board of Coinbase National Tr

Coinbase CLO Paul Grewal and Grayscale CFO Edward McGee have both resigned, with internal successors named as new US crypto rules take shape. The post Coinbase CLO and Grayscale CFO Both Exit as Crypto Regulation Era Begins appeared first on 99Bitcoins.

The post Clarity Act Talks Continue as White House Responds to SEC, CFTC Nomination Dispute appeared on BitcoinEthereumNews.com. Key Insights: The White House stated that Democrats never submitted SEC and CFTC nominees before the Clarity Act debate. The legislation would split crypto regulation duties between the US SEC and the CFTC. The US SEC plans a new crypto proposal as lawmakers continue Clarity Act negotiations. Clarity Act negotiations have entered another phase. The White House rejected claims that the Trump administration refused to nominate Democratic commissioners to the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission. The response came through a letter to Senate leaders. In that letter, the administration said it had already requested Democratic recommendations for the vacant positions. The exchange unfolded as lawmakers from both parties continued urging Congress to fill the minority seats before taking further action on the Clarity Ac

The post SPCXB Holds Near $150 as Musk Says SpaceX Will Outvalue Earth appeared on BitcoinEthereumNews.com. SPCXB News SpaceX chief Elon Musk reignited investor debate this week with a blunt forecast that SpaceX (SPCXB) will one day be worth more than the rest of Earth combined. Writing on X, Musk argued the rocket maker would eclipse global economic output if it delivers on orbital manufacturing, asteroid mining and Mars colonization. He traced the thesis to a January 2026 post claiming space industries will vastly exceed the value of all terrestrial assets, powered chiefly by solar energy. Humanity, he estimates, could eventually harness roughly 100,000 times more solar power than it consumes today, while tapping less than one-millionth of the Sun’s total output across the solar system. For all the cosmic ambition, SPCXB has cooled sharply from its peak. The underlying SpaceX equity trades near $153 with a market capitalization close to $2 trillion, yet it has retreated roughly 32% f