COIN — Coinbase Shares Jump 9.6% As Crypto Regulation Bill Clears Key Hurdle

Shares of Coinbase Global surged 9.6% after a key cryptocurrency regulation bill, the Clarity Act, moved closer to passage. The White House and a bipartisan Senate group reportedly reached an agreement on an ethics provision, removing a significant obstacle for the legislation. The bill, which aims to provide a clearer regulatory framework for digital assets, has already passed the House but still faces a vote in the Senate.