Crypto, banks take lobbying war to US senators' home states ahead of key vote
Crypto firms and banks are launching lobbying campaigns in senators' home states as a vote on the Clarity Act looms next week. While crypto advocates are preparing an advertising blitz and Ripple executives are urging senators to meet with retail holders, Senate Republicans indicate the bill is likely to fail. Coinbase CEO Brian Armstrong maintains that U.S. crypto regulation will advance and the industry will win regardless of the vote outcome. Simultaneously, Coinbase has partnered with Moov to integrate stablecoin clearing into over 1,000 community banks and credit unions.
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- ✓ Coinbase CEO Brian Armstrong believes crypto regulation will advance regardless of the Clarity Act vote.
- ✓ Coinbase partnered with Moov to bring stablecoin clearing and 24/7 funding to more than 1,000 community banks and credit unions.
What changed
Senate Republicans have signaled the Clarity Act is likely to fail amid an ethics standoff and intensified home-state lobbying.
Live updates
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Crypto and Banking Lobbyists Target Senate Home States Ahead of Clarity Act Vote
Crypto firms and banks are launching lobbying campaigns in senators' home states as a vote on the Clarity Act looms next week. While crypto advocates are preparing an advertising blitz and Ripple executives are urging senators to meet with retail holders, Senate Republicans indicate the bill is likely to fail. Coinbase CEO Brian Armstrong maintains that U.S. crypto regulation will advance and the industry will win regardless of the vote outcome. Simultaneously, Coinbase has partnered with Moov to integrate stablecoin clearing into over 1,000 community banks and credit unions.
Why it matters
The Clarity Act seeks to establish a regulatory framework for digital assets in the United States. An ethics standoff currently threatens the timing of the Senate vote. The outcome will determine whether the industry gains a formal legislative structure or continues under existing regulatory ambiguity.
What is confirmed
- Coinbase CEO Brian Armstrong believes crypto regulation will advance regardless of the Clarity Act vote.
- Coinbase partnered with Moov to bring stablecoin clearing and 24/7 funding to more than 1,000 community banks and credit unions.
Still unconfirmed
- Senate Republicans say the crypto bill is likely to fail.
- An ethics standoff threatens the Senate vote scheduled for next week.
- Crypto advocates are preparing an advertising blitz to support the Clarity Act.
What to watch next
- The official results of the Senate vote on the Clarity Act.
- Resolution of the ethics standoff affecting the legislative calendar.
confidence 85%Sources used for this update (9)
- Semafor — Exclusive / Senate Republicans say crypto bill likely to fail
- Punchbowl News — Crypto prepares pro-Clarity Act ad blitz
- Reuters — Crypto, banks take lobbying war to US senators' home states ahead of key vote
- TradingView — What could happen if the CLARITY Act fails to pass in 2026
- Stocktwits — CLARITY Act At Risk As Ethics Standoff Threatens Senate Vote Next Week
- CNBC — Coinbase CEO sees U.S. crypto regulation advancing regardless of Clarity Act vote
- CoinDesk — Crypto wins regardless of Clarity Act vote, Coinbase's Armstrong says
- TradingView — Ripple Exec Pushes Senate to Meet 'a Real American Crypto Holder' Before CLARITY Vote
- www.briefs.co — Coinbase taps Moov to plug stablecoins into community banks as Senate vote looms
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