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BestReviews is reader-supported and may earn an affiliate commission.<\/em><\/p>\n Amazon Prime Day Deals<\/strong><\/p>\n Coinbase is also placing ads at bus stops and billboards across Washington and will have a digital billboard truck driving throughout the city. It is trying to activate users in its app as well, providing them with a tool to reach out to their lawmakers. <\/p>\n \u201cConsumer protections are sacred at Coinbase – that’s what this campaign is about,\u201d said Kara Calvert, Coinbase vice president of U.S. policy, in a statement.\u00a0\u00a0<\/p>\n \u201cThe CLARITY Act would enshrine a regulatory framework to protect crypto consumers into law, so that American customers, businesses and innovators alike can build and trade safely,\u201d she added. \u201cNow is the time, and crypto voters are watching.\u201d <\/p>\n The House is poised to take up several crypto bills next week, in what leadership is calling \u201ccrypto week.\u201d This includes the Clarity Act, in addition to the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act and an anti-central bank digital currency bill. \u00a0<\/p>\n The GENIUS Act, which seeks to create a regulatory framework for stablecoins, passed the Senate last month. President Trump has urged the House to quickly pass a \u201cclean\u201d bill and get it to his desk. <\/p>\n The president\u2019s comments appear to have stymied an effort to formally tie the stablecoin bill to broader market structure legislation. However, the House still seems keen to move both measures at the same time. <\/p>\n The Clarity Act, which advanced out of the House Financial Services Committee and House Agriculture Committee last month, aims to divvy up oversight of the crypto market between two financial regulators \u2014 the Securities and Exchange Commission and the Commodity Futures Trading Commission.\u00a0<\/p>\n The White House and GOP leadership initially said they hoped to pass both stablecoin and market structure legislation by August. <\/p>\n However, Senate Banking Chair\u00a0Tim Scott\u00a0(R-S.C.), Sen. Cynthia Lummis (R-Wyo.) and Bo Hines, executive director of Trump\u2019s Council of Advisors on Digital Assets, offered up a new timeline<\/a> for market structure legislation late last month, aiming to pass a bill by the end of September.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Coinbase is launching a six-figure ad campaign urging Congress to pass legislation that would establish rules for regulation of the crypto market as the House prepares to take up several<\/p>\n\n
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