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Coinbase faces greater fallout from CLARITY Act setback: Saxo

Published Source: CoinTelegraphRead original

Crypto Insight Summary: A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US market-structure rules. Crypto Insight Analysis: Direction: Bearish COIN Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory setback for Coinbase may impact trading volumes and market share.

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Coinbase faces greater fallout from CLARITY Act setback: Saxo — Crypto Insight