Trending Now - Senate's CLARITY Act Deal Nears Finalization, Coinbase Exec Says

WHO:

Bitcoinist - Coinbase chief legal officer Paul Grewal is involved in discussions regarding the CLARITY Act.

Cointelegraph - Paul Grewal is identified as the legal chief of Coinbase.

WHAT:

Bitcoinist - Negotiators in the Senate are “very close” to a deal on the CLARITY Act’s most contentious crypto issue.

Cointelegraph - A Senate markup of the CLARITY Act is expected soon, although no specific date has been set.

WHERE:

Bitcoinist - The discussions are taking place in the Senate of the United States.

WHEN:

Cointelegraph - The expected Senate markup for the CLARITY Act is anticipated to occur in 2026, though no specific date is provided.

WHY:

Bitcoinist - The negotiations focus on how exchanges can pay yield on stablecoin balances, which remains a contentious issue.

HOW:

Bitcoinist - The process involves ongoing negotiations among U.S. lawmakers regarding the provisions of the CLARITY Act.

(UPDATED April 2, 2026 17:21 UTC)

Negotiators in the Senate are very close to reaching a deal on the most contentious issue of the CLARITY Act, which focuses on how exchanges can pay yield on stablecoin balances. Coinbase's chief legal officer, Paul Grewal, is actively involved in these discussions, with a Senate markup of the Act expected soon, although no specific date has been set. The ongoing negotiations among U.S. lawmakers aim to address the provisions of the CLARITY Act, which is anticipated to be finalized in 2026.