# Lobbying Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Lobbying", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

WSJ Reveals: UAE Royal Family Secretly Invested in WLFI, Exchanging for Top U.S. AI Chips

A Wall Street Journal investigation reveals that days before Donald Trump's presidential inauguration, an Abu Dhabi royal, Sheikh Tahnoon bin Zayed Al Nahyan, secretly invested $500 million to acquire a 49% stake in Trump's crypto venture, World Liberty Financial (WLFI). The deal, signed by Trump's son Eric, involved an initial $250 million payment, with $187 million going directly to Trump family entities. Sheikh Tahnoon, a powerful figure overseeing a $1.3 trillion empire, sought access to restricted U.S. AI chips, which had been limited under the Biden administration due to concerns over potential technology transfer to China. Following Trump's election, his administration negotiated a deal to supply the UAE with advanced AI chips, with about one-fifth allocated to Tahnoon's AI company, G42. The investment and subsequent chip deal have raised significant ethical and legal concerns, with experts suggesting it may violate constitutional emoluments clauses. The report also details connections between Tahnoon's investment vehicle, WLFI's stablecoin project, a $2 billion investment in Binance, and the eventual pardon of Binance founder Changpeng Zhao.

marsbit02/02 08:20

WSJ Reveals: UAE Royal Family Secretly Invested in WLFI, Exchanging for Top U.S. AI Chips

marsbit02/02 08:20

From Davos Confrontation to Capitol Hill: How Coinbase Became the Banking Industry's 'Legislative Enemy'

The article details the escalating conflict between Coinbase, the largest U.S. cryptocurrency exchange, and major Wall Street banks, as exemplified by a confrontation between Coinbase CEO Brian Armstrong and JPMorgan Chase CEO Jamie Dimon at the World Economic Forum in Davos. The core dispute centers on whether crypto exchanges should be allowed to pay yields, around 3.5%, to stablecoin holders—a practice banks argue is equivalent to paying interest on deposits and threatens to draw trillions of dollars away from traditional banking. Armstrong and the crypto industry advocate for free market principles, arguing banks could compete by raising their own deposit rates or entering the stablecoin market. This clash is playing out in Washington over the proposed Clarity Act, which could reshape financial regulations. Armstrong has become a powerful advocate, leveraging Coinbase's significant lobbying efforts and political donations to influence legislation. After he withdrew support for a Senate version of the bill that would have effectively banned such yields, a key vote was abruptly postponed, demonstrating his considerable influence. The article explores Armstrong's journey from a soft-spoken tech founder to a central figure in the policy debate, outlining Coinbase's ambition to become a "super app" that replaces traditional banks. With a new administration open to crypto, Armstrong is pushing for a compromise, such as creating a new category of regulated stablecoin issuers permitted to pay yields, as both sides vie to shape the future of American finance.

比推01/30 13:24

From Davos Confrontation to Capitol Hill: How Coinbase Became the Banking Industry's 'Legislative Enemy'

比推01/30 13:24

Coinbase vs. Wall Street: Who Decides the Next Step of the U.S. Financial System?

Amidst the intensifying conflict between the crypto industry and traditional banking, Coinbase CEO Brian Armstrong is leading a high-stakes battle against Wall Street giants over the proposed Clarity Act. The core dispute centers around whether crypto platforms should be allowed to offer yield on stablecoin holdings—often around 3.5% annually—which banks argue functions similarly to interest-bearing deposits and threatens their deposit base. Armstrong contends that banks should either raise their own rates or enter the stablecoin market themselves, advocating for free-market competition. The clash escalated at Davos, where Armstrong faced direct confrontations with banking leaders like JPMorgan’s Jamie Dimon and Bank of America’s Brian Moynihan, who argued crypto firms offering bank-like services should face equivalent regulation. The legislative process has seen delays and intense lobbying, with banks warning of potential deposit outflows while Coinbase mobilizes significant political influence through super PACs and strategic advocacy. As the White House mediates discussions, the outcome of the Clarity Act could redefine the future of financial services, determining whether crypto platforms can operate as bank alternatives or be subjected to stricter banking regulations. Armstrong’s support is now seen as critical to any viable compromise.

marsbit01/30 07:23

Coinbase vs. Wall Street: Who Decides the Next Step of the U.S. Financial System?

marsbit01/30 07:23

Fairshake Raises $193 Million as Crypto Firms Prepare for 2026 Midterm Elections

Fairshake, the largest crypto-backed political action committee (PAC), has raised $193 million in preparation for the 2026 U.S. midterm elections. Major contributors include Ripple, Andreessen Horowitz, and Coinbase. The group supports candidates based on their stance toward cryptocurrency, aiming to influence lawmakers to back clear crypto regulations. It operates through affiliated groups supporting both Democrats and Republicans who are crypto-friendly. Key legislative priorities include the stalled Digital Asset Market Clarity Act, which defines regulatory roles and rules for crypto companies. Fairshake is mobilizing early to prevent further delays in crypto legislation, particularly if Democrats gain congressional control, and to protect the industry from becoming a political target. The effort underscores crypto’s growing influence in U.S. politics.

TheNewsCrypto01/29 11:36

Fairshake Raises $193 Million as Crypto Firms Prepare for 2026 Midterm Elections

TheNewsCrypto01/29 11:36

Trump pushes for legislative ‘compromise’ on crypto bill: Here’s how

President Trump is pushing for a compromise between crypto firms and banks to advance the stalled crypto market structure bill, the CLARITY Act. A key sticking point is stablecoin yields, which led Coinbase to withdraw support and caused a Senate Banking Committee vote to be postponed. The White House has called a meeting on February 2nd to bring both sides back to the negotiating table. Industry groups express optimism, while the crypto super PAC Fairshake has amassed $193 million to support pro-crypto candidates in the upcoming midterm elections.

ambcrypto01/29 09:05

Trump pushes for legislative ‘compromise’ on crypto bill: Here’s how

ambcrypto01/29 09:05

Fairshake Builds $193M Midterm Fund as Crypto’s Election Machine Fires Back Up

Fairshake, the crypto industry's largest PAC, has amassed a $193 million war chest for the 2026 midterms, signaling its intent to remain a major political force. Despite Republican control of the White House and Congress, early 2026 polling shows rising voter frustration, with momentum shifting toward Democrats in key House races. The GOP's sole major crypto achievement so far is the GENIUS Act, which established a federal stablecoin framework. However, broader legislation like the CLARITY Act remains stalled. A Democratic victory could further delay or reshape crypto legislation, potentially introducing stricter consumer protections. Fairshake's spending aims to prevent crypto from becoming a political casualty and secure a clear regulatory framework for the industry.

ccn.com01/29 08:23

Fairshake Builds $193M Midterm Fund as Crypto’s Election Machine Fires Back Up

ccn.com01/29 08:23

Coinbase Pushback Delays Crypto Market Structure Bill in Senate

Coinbase's withdrawal of support for the Digital Asset Market Clarity Act has caused political backlash in Washington, stalling the crypto regulation bill's progress in the Senate. The White House criticized the move, warning the industry not to take its influence for granted. Coinbase CEO Brian Armstrong argued against rushing a flawed bill, expressing concerns that the draft would restrict DeFi and tokenized equities, while shifting regulatory power toward the SEC and away from the CFTC. The withdrawal complicates legislative efforts amid existing pressure from banking interests worried about stablecoin yields. The White House emphasized the need for industry unity, suggesting failure to pass the current bill could lead to stricter future regulations. The delay highlights the fragile nature of crypto regulatory progress, even under a favorable administration.

TheNewsCrypto01/23 13:20

Coinbase Pushback Delays Crypto Market Structure Bill in Senate

TheNewsCrypto01/23 13:20

Why Could Coinbase Halt the CLARITY Act Voting Agenda with a Single Statement?

This article details how Coinbase CEO Brian Armstrong's public opposition led to the abrupt postponement of a key U.S. Senate committee vote on the proposed "Clarity Act," a comprehensive cryptocurrency regulation bill. Armstrong argued the current draft would be worse than the existing regulatory framework, specifically objecting to provisions that could ban interest payments on stablecoins and grant excessive authority to the Securities and Exchange Commission (SEC). The event underscores Coinbase's significant and growing political influence in Washington, D.C., amplified by the pro-crypto stance of the Trump administration. The company has invested heavily in political action committees (PACs) to support crypto-friendly lawmakers. The article contrasts the current environment with the previous Biden administration, under which the SEC sued Coinbase. The Trump administration has since dropped that lawsuit, and the industry is pushing for legislation to cement a favorable regulatory landscape. The delayed vote highlights the intense lobbying battle between the crypto industry, which seeks lighter regulation, and traditional banking interests advocating for stricter rules, particularly on stablecoin offerings that compete with bank deposits. Negotiations are ongoing.

marsbit01/20 05:34

Why Could Coinbase Halt the CLARITY Act Voting Agenda with a Single Statement?

marsbit01/20 05:34

Hoskinson Blasts Ripple CEO Garlinghouse In Fresh Public Rant

Cardano founder Charles Hoskinson criticized Ripple CEO Brad Garlinghouse in a video on January 18, 2026, for supporting the US Clarity Act, which Hoskinson argues would expand the SEC's authority and harm the crypto industry. He claimed the bill, with 137 amendments, would treat all new projects as securities by default, forcing them to seek regulatory relief. Hoskinson called this worse than the current regulatory uncertainty, accusing Garlinghouse and others of compromising too easily. He warned that passing a flawed bill would make meaningful change nearly impossible, citing the long-standing Securities Exchange Act of 1933. Hoskinson also expressed concerns about the industry moving toward custodial wallets, KYC, and reversible transactions, which he believes betray crypto's original revolutionary ethos. At the time of reporting, XRP was trading at $1.95.

bitcoinist01/19 12:02

Hoskinson Blasts Ripple CEO Garlinghouse In Fresh Public Rant

bitcoinist01/19 12:02

Bill Vote Imminent, Why Did Coinbase Back Down at the Last Minute?

The "CLARITY Act," a key U.S. crypto regulation bill, was set for a Senate committee vote on January 14. However, Coinbase CEO Brian Armstrong withdrew the company’s support, declaring that "a bad bill is worse than no bill." This move isolated Coinbase from other major industry players, including a16z, Ripple, Kraken, and Coin Center, all of whom backed the bill for reasons tied to regulatory clarity, business strategy, or legal protection for developers. The core of Coinbase’s opposition lies in a provision that would prohibit paying yields on "static holdings" of stablecoins—a direct threat to its business model. In 2025, Coinbase generated approximately $1.4 billion in revenue from its stablecoin yield program. The bill’s restrictions could severely impact this critical revenue stream. While other companies saw the bill as a necessary step toward legitimacy and market stability, Armstrong adopted a principled stance against compromising on what he deemed flawed regulation. This divergence reflects a deeper philosophical split within the industry: idealistic resistance versus pragmatic negotiation. The resulting internal conflict has delayed the legislative process and weakened the industry’s collective lobbying power in Washington. It also underscores the ongoing tension between crypto’s decentralized ideals and its commercial realities.

marsbit01/16 03:13

Bill Vote Imminent, Why Did Coinbase Back Down at the Last Minute?