Fidelity is being ranked by the Sovereign Wealth Fund Institute, while calls are made to the Senate regarding the passage of the CLARITY Act.

The entities involved

• Sovereign Wealth Fund Institute →

  American financial services company

  Nothing else this week.

• Coinbase →

  American company that operates a cryptocurrency exchange platform

  • Citi is utilizing Coinbase for digital asset infrastructure.Mon 17:31
  • Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.Mon 04:46
• senate →

  type of legislative body, often the upper house or chamber of a bicameral legislature

  • Legislation is awaiting final approval from both the House and the Senate.Mon 17:49
  • A bill allowing foreign investment in cooperatives has been approved, concerning legitimate organizations registered with the Securities and Exchange Commission.Mon 16:37

Related events

• The Senate vote is determining the fate of the CLARITY Act, coinciding with the SEC's readiness to enact clear regulations.Aug 3
• Coinbase faces intense competition from Binance, while the CLARITY Act remains stalled in the Senate amid FED interest rate hikes affecting crypto.Jul 27
• Senate cloture vote could unlock institutional capital for XRP Exchange Traded Funds.Aug 31
• The Clarity Act vote is having an impact on major crypto firms like Robinhood and Coinbase.Sep 11
• Trump urges legislators to pass the CLARITY Act while the SEC Chair proposes new rules for token offerings.Aug 19