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Shares of Coinbase Global Inc. (NASDAQ: COIN ) are trading flat Wednesday morning following a 10% decline on Tuesday, triggered by the U.S. Senate’s failure to advance the Digital Asset Market Clarity Act. Investors are pausing to digest the long-term regulatory implications of the legislative roadblock alongside macro
The Clarity Act on digital assets did not secure a procedural Senate vote, leaving questions about U.S. digital asset market structure and regulatory jurisdiction unresolved, according to StraitsX legal counsel Samson Leo.