[IMPORTANT] Ripple Supports CLARITY Act as Coinbase Pulls Back Amid Senate Amendments

The CLARITY Act aims to clarify U.S. crypto market regulation by defining SEC and CFTC roles but recent Senate amendments have expanded SEC powers and imposed stricter rules. Coinbase opposes the revised bill, citing concerns over expanded SEC influence, limits on stablecoin yields, and increased DeFi restrictions, which clash with its business model. In contrast, Ripple supports the bill as its institutional, compliance-focused strategy benefits from regulatory clarity and tighter stablecoin and DeFi regulations.