Coinbase Champions Regulatory Clarity with CLARITY Act Push

Coinbase, through its lobbying arm 'Stand With Crypto,' is spearheading a significant effort alongside 65 other crypto organizations to accelerate the passage of the Digital Asset Market Clarity Act (CLARITY Act). This collective push highlights the urgent need for regulatory clarity to ensure the U.S. remains a leader in the global cryptocurrency market. The CLARITY Act aims to clearly define regulatory jurisdictions between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), providing much-needed structure for the burgeoning crypto industry. As of July 2025, this legislative effort could pave the way for more institutional adoption and mainstream acceptance of digital assets, making it a pivotal moment for investors and stakeholders alike.

Coinbase Leads DC Crypto Lobby — Best Crypto to Buy Before CLARITY Act Passes

Coinbase’s lobbying arm, 'Stand With Crypto,' alongside 65 other prominent crypto groups, is urging U.S. House lawmakers to expedite the passage of the Digital Asset Market Clarity Act (CLARITY Act). The industry's push underscores the critical need for regulatory clarity to maintain America's leadership in the global crypto landscape.

The CLARITY Act seeks to delineate regulatory authority between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). It proposes CFTC oversight for most cryptocurrencies as digital commodities, while the SEC WOULD handle crypto-related securities. Advocates argue that the current regulatory vacuum stifles innovation and drives business offshore.

With 'Crypto Week' commencing on July 14th, the House's consideration of the CLARITY Act could mark a pivotal moment. Passage would likely benefit major cryptocurrencies like $BTC and $ETH, while $XRP could gain from clarified legal status. Stablecoins such as $USDT and $USDC may also see regulatory clarity, particularly with the parallel advancement of the GENIUS Act.

Despite industry optimism, the CLARITY Act faces headwinds. Senate Democrats remain a potential obstacle, reflecting broader political tensions around crypto regulation. The outcome could shape the trajectory of digital asset markets for years to come.

Coinbase Launches $5M Bug Bounty Program to Secure Base and On-Chain Products

Coinbase has unveiled a $5 million bug bounty initiative hosted on Cantina, targeting vulnerabilities in its on-chain products and Base LAYER 2 network. Announced on July 8, the program ranks among the largest in web3, incentivizing security researchers to identify critical flaws in smart contracts.

Submissions will be evaluated by Cantina's triage team, with rewards scaled to the severity of findings. Coinbase emphasizes actionable reports that enable rapid remediation. The initiative builds on prior audits of WebAuthn modules and Verified Pools, now expanding to cover Base's entire smart contract ecosystem.

This marks a strategic escalation in blockchain security protocols, coming as Layer 2 solutions face increasing scrutiny. The open-access model sets a new benchmark for decentralized infrastructure protection at scale.