Positive

From Yahoo Finance: 2025-06-23 10:05:00

Coinbase is set to benefit from the market structure bill in the House of Representatives, with Benchmark raising its price target to $421 and maintaining a buy rating. Shares fell 1.6% due to Middle East conflict. Following the bipartisan passage of the GENIUS Act in the Senate and securing a MiCA license in Luxembourg, Coinbase stock rose 23%. The CLARITY Act aims to establish a regulatory framework for digital assets in the U.S., crucial for institutional adoption. Staking could see a boost from the CLARITY Act, benefiting Coinbase.



Read more at Yahoo Finance: Coinbase Is Well Positioned to Benefit From U.S. Crypto Regulatory Clarity: Benchmark