Crypto Biz: CLARITY Act setback puts Coinbase in the spotlight

60-second summary
Coinbase faces heightened scrutiny as the CLARITY Act stalls, leaving the exchange without clear regulatory guidance while the SEC pushes forward with tokenized‑stock proposals and other crypto firms deepen payment‑service initiatives; this regulatory limbo pressures Coinbase to adapt compliance strategies, potentially affecting its market share and prompting investors to reassess exposure across the broader digital‑asset industry.
Coinbase draws scrutiny after the CLARITY Act stalls, while the SEC moves ahead with tokenized stocks and crypto firms push deeper into payments.