News linked to both this project and an event.
Odaily News: Stand With Crypto, a cryptocurrency advocacy initiative led by Coinbase, has announced its formal endorsement of 32 House candidates, including both Democratic and Republican nominees. Among those endorsed are pro-crypto lawmakers such as Republican Representatives Tom Emmer and Bill Huizenga, as well as Democratic Representatives Ritchie Torres and Josh Gottheimer.The organization stated that it will release its list of Senate candidate endorsements as the U.S. midterm elections approach. The move comes as the Senate prepares to return to Washington next month for its first vote on the CLARITY Act (a crypto market structure bill). The legislation aims to further clarify the digital asset regulatory framework by delineating the respective responsibilities of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing the crypto market.Coinbase launched Stand With Crypto in 2023 with the goal of mobilizing pro-crypto voters and advocating for more favorable digital asset regulatory policies in the United States. (Reuters)
According to Fortune, Hyperliquid is accelerating its push into the US regulated market, with its affiliated publicly traded company, Hyperliquid Strategies, actively advancing its domestic compliance operations. Fortune noted that Hyperliquid has already established a strong market presence in perpetual contract trading and utilizes platform fee revenue to buy back and burn HYPE.
Odaily News - Investment manager Lawrence Lepard, author of The Big Print, stated that even if the CLARITY Act (Digital Asset Market Clarity Act) passes the Senate with 60 votes, stablecoin demand will not be sufficient to improve the current state of the U.S. Treasury market.He noted that the current stablecoin market cap stands at approximately $255 billion, primarily backed by U.S. Treasuries purchased by Circle and Tether, down from $263 billion in January. The U.S. Treasury needs to roll over more than $8 trillion in debt annually, with stablecoins covering only about 3% of that amount.In 2025, the share of U.S. debt held by foreign entities has dropped to 32%, down from 57% after the financial crisis. Coinbase Chief Policy Officer Faryar Shirzad stated that dollar-backed stablecoins could convert overseas demand for digital dollars into demand for U.S. Treasuries. (Bitcoin.com News)
Odaily News – HYPE reached an intraday high of $82 yesterday, rising 38% over the past week, with 24-hour trading volume exceeding $2 billion and a market cap of approximately $17.17 billion. Hyperliquid's 30-day trading volume surpassed $176 billion, with open interest exceeding $8 billion.On August 19, U.S. President Donald Trump stated that the Commodity Futures Trading Commission (CFTC) is pushing to bring Hyperliquid into the U.S. market in a compliant and lawful manner. On August 20, a wallet associated with venture capital firm Multicoin Capital transferred 308,884 HYPE tokens, valued at approximately $19.8 million, to institutional custody and trading platform Coinbase Prime within seven hours.During the same period, the wallet also transferred 172,710 and 62,700 HYPE tokens, valued at approximately $10.15 million and $4.37 million, respectively. Since February 2026, Multicoin Capital has transferred over $100 million worth of HYPE to Coinbase Prime. Meanwhile, Hyperliquid has been using approximately 99% of its perpetual and spot market fee revenue to continuously buy back HYPE through the Assistance Fund. (Bitcoin.com News)
Coinbase Vice President of Product Dor Levi announced that August 21 will be his last working day at Coinbase, with his next steps yet to be disclosed. Levi joined Coinbase in 2025, where he oversaw Product Foundations and drove initiatives to address long-standing account restriction and freeze issues that have plagued users. Coinbase CEO Brian Armstrong had previously publicly commended his work; earlier this year, the company also noted that the handling speed for account restriction cases has increased by approximately 90% following an AI-driven restructuring of compliance processes.
Odaily News: Coinbase CEO Brian Armstrong stated that the U.S. Digital Asset Market Structure Clarity Act (CLARITY Act) is expected to receive more than 60 votes of support in the U.S. Senate by September 15, and he is confident it will pass the first key procedural vote after Congress reconvenes.Brian Armstrong previously stated that the CLARITY Act has entered its final advancement phase, and the Senate procedural vote requires 60 votes of support to move the bill forward. The bill aims to establish a U.S. digital asset regulatory framework, clarifying the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing crypto assets. Armstrong believes that regulatory clarity for the U.S. crypto industry is approaching—whether through the eventual passage of the CLARITY Act or through regulatory agencies advancing administrative rules, the market will see a more defined regulatory environment.Previously, former U.S. President Donald Trump also called on Congress to push for the CLARITY Act's passage, arguing that the bill is crucial for establishing a digital asset regulatory framework and enhancing the competitiveness of the U.S. crypto industry. reuters.com However, the bill still faces disputes from some lawmakers over issues such as conflicts of interest and stablecoin regulation, and whether it can ultimately be enacted depends on further negotiations in the Senate. (CoinDesk)
Odaily News: Brian Armstrong, CEO of cryptocurrency exchange Coinbase, stated that crypto regulatory clarity will be advanced either through a Senate vote on September 15 or new federal regulatory rules on September 16, with both paths expected to move forward. The procedural vote on the CLARITY Act requires at least 60 votes of support.The digital asset market structure bill, the CLARITY Act, passed the U.S. House of Representatives on July 17, 2025, with 294 votes in favor and 134 against, but has since stalled in the Senate. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has instructed staff to establish a registration category for "crypto asset markets," which may apply to digital asset trading platforms.Armstrong also stated that Bitcoin's price could likely reach $300,000 to $400,000 by 2030. He cited increased institutional adoption, Bitcoin's fixed supply, and improved crypto regulatory clarity in the U.S. as contributing factors. (Bitcoin.com News)
Odaily News: Brian Armstrong stated on the X platform that the world's first truly global economy is coming, and it's time to advance tokenization in the US. Coinbase has launched its non-US tokenized stock business. The US Securities and Exchange Commission and SEC Chairman Paul Atkins are making progress with the Reg Crypto announced this week and the Innovation Exemption expected to be unveiled soon. As these measures move forward, the Senate should follow suit and pass the Clarity Act in the fall to ensure long-term stability in US rules.
Odaily News, Coinbase CEO Brian Armstrong said in an interview with CNBC that the crypto market may be on the verge of the next bull run. Armstrong stated: "I think we're probably on the cusp of the next bull market." He noted that the market will soon focus on the progress of the US CLARITY Act vote on September 15, as well as the seasonal effects brought by the Bitcoin halving cycle.He said that, based on historical patterns, in the cycles following Bitcoin halving events, October, November, and December are typically the months when Bitcoin performs best, and the market may usher in a new upward phase.Armstrong has repeatedly emphasized that improved regulatory conditions, institutional capital inflows, and the maturation of crypto infrastructure will be key factors driving the industry's long-term development. His recent remarks also reflect Coinbase's optimistic outlook on the shift in the coming market cycle. (BitcoinMagazine)
Odaily News, Coinbase CEO Brian Armstrong posted on X platform, listing his "vision checklist" for the upcoming market: first, the CLARITY Act will receive strong bipartisan support and pass the vote on September 15, followed by "Uptober," and the start of the next crypto bull market. Armstrong stated, "Everything is unfolding as predicted."
US President Donald Trump joined executives from crypto companies such as Coinbase and Gemini to urge the Senate to pass the CLARITY Act, which was passed by the House of Representatives in July 2025 but has stalled in the Senate.
Odaily News: During a meeting at the White House with executives from crypto and financial firms, U.S. President Donald Trump urged Congress to pass a "fair version" of the Clarity Act, stating that market structure legislation is the next step in his digital assets policy.The meeting was attended by Commodity Futures Trading Commission (CFTC) Chairman Michael Selig, Securities and Exchange Commission (SEC) Chairman Paul Atkins, White House crypto advisor Patrick Witt, as well as executives from Coinbase, Ripple, Robinhood, and Kraken.The Clarity Act would establish federal rules for digital assets and clarify the regulatory jurisdictions of the SEC and CFTC. The bill is expected to return to the Senate in September, where Republicans will still need support from about six Democratic senators to reach the 60-vote threshold. (Decrypt)
A political action committee-affiliated organization funded by Coinbase and Ripple spent over $2 million on ads opposing Democratic candidate Oliver Gilbert in the Florida congressional district primary, as the candidate had not taken a stance on digital asset policy.
Odaily Odaily News: The White House plans to host a tech industry leaders event with Trump tomorrow, with multiple tech industry leaders expected to attend. According to White House sources, prediction market companies were not invited to this event and will not be present. Previously, sources familiar with the matter revealed that President Trump is expected to attend a crypto industry innovation meeting to be held at the White House next week, engaging in discussions with executives from multiple crypto companies as well as heads of prediction market and AI firms. Executives from companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi are expected to participate and serve as members of the newly established Innovation Advisory Committee under the U.S. Commodity Futures Trading Commission. The meeting is expected to be held at the Eisenhower Executive Office Building next to the White House, discussing U.S. policies on innovation areas including fintech, crypto assets, prediction markets, and AI. CFTC Chairman Mike Selig and other government advisors are also expected to attend, and Treasury Secretary Bessent and Commerce Secretary Lutnick may also be present.
: Brian Armstrong posted on X, stating that Deribit has obtained a VARA broker-dealer license, allowing it to access Coinbase Exchange's market and liquidity. The UAE is embracing modern finance and digital assets.
the city of Baltimore and Mayor Brendan Scott have filed a lawsuit against Kalshi and Polymarket, accusing the two companies of violating local gambling laws and regulations on deceptive business practices. The Mayor's office stated on Thursday that the two companies operate "illegal, unlicensed sports betting platforms" and mislead users about the legality and regulatory status of their products. The city of Baltimore argues that Kalshi and Polymarket describe event contracts as trading, but the transactions in question are essentially illegal gambling prohibited under state law. The complaint against Kalshi also names Robinhood, Webull, and Coinbase as partners on its prediction market platform, alleging that these companies promote sports contracts as products that can be legally purchased and traded in Maryland. The U.S. Commodity Futures Trading Commission (CFTC) and the companies involved maintain that prediction market event contracts fall under the category of "swaps" within their regulatory scope. Polymarket stated that prediction markets operated on CFTC-registered exchanges are governed by federal law and should not be subject to state and local regulations. (Cointelegraph)
The Baltimore City government has accused platforms such as Kalshi of violating gambling laws, involving partners such as Coinbase. The focus of the case is the conflict between local government enforcement authority and platform operational compliance.
Odaily News: Deribit, the crypto options platform under Coinbase, announced it has obtained a broker-dealer license from Dubai's Virtual Asset Regulatory Authority (VARA). The license will enable Deribit to enhance its spot trading services, with Coinbase Exchange serving as a key liquidity provider, offering Deribit clients higher liquidity and access to hundreds of new assets.
Cryptocurrency exchange Coinbase will open access to over 170 derivatives contracts for eligible UK professional investors, covering cryptocurrencies, commodities, equities, and foreign exchange. Perpetual contracts support up to 50x leverage, with services rolling out gradually over the coming weeks to months. The product lineup includes futures, perpetual contracts, and cryptocurrency options. Perpetual contracts have no expiration date and support long, short, and neutral strategies; term futures offer up to 20x leverage with fixed settlement dates. Coinbase previously obtained UK investment services authorization in July, with the related derivatives business operating under CB Payments Ltd.'s investment services license. The initial phase is limited to eligible UK professional investors, and the UK Financial Conduct Authority (FCA) will impose requirements on financial soundness, capital, stress testing, and market integrity. (Bitcoin.com News)
According to The Block, the New York City Council has launched an investigation into four prediction market platforms—Kalshi, Polymarket, Coinbase, and Gemini Titan—alleging they employed "false, deceptive, or abusive" marketing tactics targeting young users. Among them, Polymarket was accused of paying social media creators to film videos placing fake bets on counterfeit websites, an incident first disclosed by The Wall Street Journal in June this year. Additionally, prediction market platforms face insider trading allegations; New York Governor Kathy Hochul signed an executive order in April prohibiting state government employees from using confidential government information to place bets on prediction markets.