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Coinbase CEO Brian Armstrong Says 'Mark It Up' After Reported Compromise On Clarity Act's Stablecoin Yields Clause
benzinga50d ago

Coinbase CEO Brian Armstrong Says 'Mark It Up' After Reported Compromise On Clarity Act's Stablecoin Yields Clause

Coinbase Global Inc. (NASDAQ: COIN ) CEO Brian Armstrong backed legislative advancement of the Clarity Act following a reported compromise on the contentious issue of stablecoin yields. Armstrong Gives Thumbs-Up Armstrong quoted the X post of Faryar Shirzad, Coinbase’s Chief Policy Officer, about the release of “final rewards language” in the CLARITY Act, replying, “Mark it up.” Shirzad drew his comments from a report by Punchbowl News, which had access to the compromise text. The report stated that cryptocurrency firms would be banned from offering rewards that are "economically or functionally equivalent" to deposit interest. The new text, finalized by Sens. Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.), directs regulators to propose “a new series of stablecoin regulations,”including the development of a new stablecoin disclosure regime and a list of permissible reward activities. Mark it up https://t.co/KZbJ7PHoVR — Brian Armstrong (@brian_armstrong) May 1, 2026 Armstrong’s comment carried weight, given that it was Coinbase that withdrew its support for the key cryptocurrency legislation in January over the stablecoin yield issue. As a result, the markup was postponed indefinitely. “In the end, the banks were able to get more restrictions on rewards, but we ... Full story available on Benzinga.com

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Gateway tracks 4km strike at WA Yandal gold camp
thewest50d ago

Gateway tracks 4km strike at WA Yandal gold camp

Gateway Mining has pieced together a 4km strike of shallow gold at the Haflinger prospect, part of its Yandal project in WA. New results also confirmed high-grade primary gold at the company’s Hummer discovery.

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Gold dips as inflation concerns linger; markets watch US-Iran talks
pakistantoday50d ago

Gold dips as inflation concerns linger; markets watch US-Iran talks

Spot gold falls 0.3% to $4,599.45, futures down 0.7% to $4,611.40; silver up 0.1% to $75.38, platinum rises to $1,991.85, palladium dips 0.3% to $1,519.66 The post Gold dips as inflation concerns linger; markets watch US-Iran talks appeared first on Profit by Pakistan Today .

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Yen steady as intervention fears linger with Japan shut for holidays
asiaone50d ago

Yen steady as intervention fears linger with Japan shut for holidays

SINGAPORE - The yen stabilised at the start of trading in Asia, strengthening slightly after a few choppy sessions following suspected intervention by authorities to strengthen the currency last week.The yen edged up 0.1 per cent to 156.885 against the dollar, after the Japanese currency appreciated 1.4 per cent during the past month - a gain almost entirely attributable to...

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Pepe Coin Price Prediction: PEPE Gains 37,000 New Wallets as Pepeto Presale Crosses $9 Million
techbullion50d ago

Pepe Coin Price Prediction: PEPE Gains 37,000 New Wallets as Pepeto Presale Crosses $9 Million

Canary Capital just filed the first spot PEPE ETF application with the SEC, and the meme coin added 37,000 new wallets in a single day at the end of April. That kind of pepe coin price prediction signal tells a story about where retail and institutional money is heading at the same time. PEPE sits [...] The post Pepe Coin Price Prediction: PEPE Gains 37,000 New Wallets as Pepeto Presale Crosses $9 Million appeared first on TechBullion .

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