Coinbase Spent $1.07 Million on Washington Lobbying in Q1 2026 Focused on the CLARITY Act and Stablecoin Rules

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Coinbase lobbying activity for Q1 2026 totaled $1.07 million, the company disclosed in a new Lobbying Disclosure Act filing, targeting the Digital Asset Market Clarity Act, the GENIUS Act stablecoin ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase Spent $1.07 Million on Washington Lobbying in Q1 2026 Focused on the CLARITY Act and Stablecoin Rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-22 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/coinbase-lobbying-hit-1-07m-in-q1-on-crypto-laws/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coinbase lobbying activity for Q1 2026 totaled $1.07 million, the company disclosed in a new Lobbying Disclosure Act filing, targeting the Digital Asset Market Clarity Act, the GENIUS Act stablecoin ...</p>\n\n<a href=\"https://crypto.news/coinbase-lobbying-hit-1-07m-in-q1-on-crypto-laws/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://crypto.news/coinbase-lobbying-hit-1-07m-in-q1-on-crypto-laws/","article_id":"2629306937","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/coinbase-lobbying-hit-1-07m-in-q1-on-crypto-laws/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2629306937","pubTimestamp":1776812400,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Coinbase lobbying activity for Q1 2026 totaled $1.07 million, the company disclosed in a new Lobbying Disclosure Act filing, targeting the Digital Asset Market Clarity Act, the GENIUS Act stablecoin law, and digital asset tax treatment legislation.Coinbase derives roughly one-fifth of its total revenue from stablecoin-related activity, making the terms of the CLARITY Act’s yield provisions a direct financial stake rather than a policy preference.Coinbase lobbying in the first quarter of 2026 reached $1.07 million as the company pressed Congress on the two pieces of legislation most directly affecting its business model. The LDA filing lists multiple specific topics covered, including general discussions on digital asset tax treatment, market structure provisions of the CLARITY Act, and all provisions of the GENIUS Act stablecoin law signed into law as P.L. 119-27.The CLARITY Act remains the primary pending legislation. Its market structure provisions would formally define the regulator","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Coinbase在2026年第一季度花费107万美元在华盛顿进行游说，重点关注CLARITY Act和稳定币规则","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/72843e29a63a71b4c280db24a4a44720","symbols_score_info":{"GDLC":0.61,"BITW":0.61,"CRCA":0.6,"CONI":0.6,"STCE":0.72,"COIA":0.6,"BITQ":0.61,"LFGY":0.61,"ICOI":0.6,"CRCO":0.6,"COIN":1.97,"ICRC":0.6,"COIG":0.6,"CONX":0.6,"CCUP":0.6,"CONL":0.6,"COYY":0.6,"CRCG":0.6,"DIME":0.61,"COIO":0.6,"CRCD":0.6,"FIAT":0.6,"BKCH":0.61,"CONY":0.6,"COIW":0.6,"COII":0.6},"content_text":"Coinbase lobbying activity for Q1 2026 totaled $1.07 million, the company disclosed in a new Lobbying Disclosure Act filing, targeting the Digital Asset Market Clarity Act, the GENIUS Act stablecoin law, and digital asset tax treatment legislation.\n\n\nSummary\n\n\n\nThe filing covers lobbying on the CLARITY Act’s market structure provisions, implementation of the GENIUS Act stablecoin law, and general crypto policy discussions across multiple congressional committees.\nThe Q1 spend comes after a turbulent period in Coinbase’s relationship with the CLARITY Act, which began with CEO Brian Armstrong withdrawing support hours before a January markup, followed by a reversal after a Treasury-brokered compromise on stablecoin yield.\nCoinbase derives roughly one-fifth of its total revenue from stablecoin-related activity, making the terms of the CLARITY Act’s yield provisions a direct financial stake rather than a policy preference.\n\n\n\nCoinbase lobbying in the first quarter of 2026 reached $1.07 million as the company pressed Congress on the two pieces of legislation most directly affecting its business model. The LDA filing lists multiple specific topics covered, including general discussions on digital asset tax treatment, market structure provisions of the CLARITY Act, and all provisions of the GENIUS Act stablecoin law signed into law as P.L. 119-27.\nThe filing provides a concrete dollar figure for Coinbase’s Washington engagement during one of the most consequential quarters in US crypto legislative history. The GENIUS Act passed and became law. The CLARITY Act stalled and restarted. Coinbase first killed and then revived its support for the market structure bill within the span of three months.\nThe company’s relationship with the CLARITY Act in Q1 2026 was the most consequential lobbying story in crypto. Armstrong posted opposition to the bill on X on January 14, hours before the Senate Banking Committee’s scheduled markup, causing the session to be postponed. The central objection was the bill’s treatment of stablecoin yield, which banking industry lobbyists had pushed to restrict.\nWhat the Filing Covers and Why It Matters\nThe LDA disclosure lists the following subjects: general discussions on digital asset tax and digital asset tax treatment, provisions related to Title I and market structure of the CLARITY Act, all provisions of the GENIUS Act, general discussions on crypto policy and market structure, and discussions on implementing the GENIUS Act. That list covers the full legislative agenda facing the crypto industry in 2026.\nThe CLARITY Act remains the primary pending legislation. Its market structure provisions would formally define the regulatory division of authority between the SEC and CFTC over digital assets. For Coinbase, which operates the largest US crypto exchange and custody platform, those definitions affect every product it offers. The company’s subsequent reversal on the bill came after Treasury Secretary Scott Bessent published a Wall Street Journal op-ed advocating for a compromise framework on the stablecoin yield question that left room for activity-based rewards while restricting direct interest payments.\nThe Scale of Coinbase’s Financial Stake\nCoinbase reported $355 million in stablecoin-related revenue in Q3 2025. The company derives approximately one-fifth of its total revenue from stablecoin activity, primarily through interest earned on USDC reserves and rewards paid to users. How the CLARITY Act defines permissible stablecoin yield programs determines whether that revenue stream survives in its current form or must be restructured.\nThe company’s Agentic Market launch on Monday, which routes AI agent transactions through USDC over the x402 protocol, adds a second dimension to its USDC stake. If stablecoin transaction volume from AI agents grows as Armstrong has predicted, the regulatory treatment of USDC’s underlying economics becomes even more valuable to protect. $1.07 million in Q1 lobbying is a modest investment against that exposure.\nHow the Q1 Spend Compares to the Legislative Outcome\nArmstrong reversed his CLARITY Act opposition by March 2026, with Coinbase publicly stating it was “ready to do its part” to get the bill passed. The Q1 lobbying period therefore captures both the opposition and the reversal, along with continued engagement on implementation of the GENIUS Act that was already law. For a company with Coinbase’s revenue base, $1.07 million in quarterly lobbying is a standard operating cost for an industry participant with direct exposure to pending federal legislation. What distinguishes Coinbase’s Q1 from previous quarters is that the legislation being lobbied on was active, consequential, and moving during the period covered.\n\n\n\n\n\n                Read more:\n            \n\n                Aave’s WETH unfreeze hands leverage to whales and illiquidity to everyone else","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629306937","isCrawlerRequest":true}