POPA Recon[Coinbase CLO "Clarity Act, I'm sure I'll pass this summer"]
[Coinbase CLO "Clarity Act, I'm sure I'll pass this summer"] The U.S. Clarity Act (CLO) will be passed within this summer, Coinbase Chief Legal Officer Paul Grewal told Consensus 2026. According to DoubleRock, he said, "I support the stablecoin interest compromise proposed by Senators Thom Tillis and Angela Alsobrookes. We have participated in several meetings and conversations directly on the risk of deposit leakage that the bank claims, but we have not confirmed any practical basis to support it." The compromise includes maintaining platform-based compensation (activity-based compensation) t…
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