Coinbase Deal Clears Path for CLARITY Act, Boosting Bitcoin Regulatory Outlook

Coinbase has brokered a deal on a key provision of the U.S. Digital Asset Market Clarity Act, known as the CLARITY Act. The agreement resolves ongoing disputes between banks and digital asset firms over stablecoin yields, removing a significant obstacle to the bill's passage in the Senate.

The CLARITY Act aims to classify digital assets under different regulatory bodies, settling jurisdictional conflicts between the SEC and CFTC. It has been stalled in the Senate Banking Committee since January 2026.

This development follows the 2025 enactment of the GENIUS Act, which created federal oversight for payment stablecoins. Market participants view this progress as potentially reducing uncertainty and fostering institutional adoption.

On Polymarket, the probability of Bitcoin reaching $200,000 by December 31, 2026, stands at 4.5%, down slightly from 5% in the past 24 hours. Volume in the last day was $490 in USDC.