Daily Observation of Crypto Concept Stocks: CLARITY Act Timeline Slips to "End of May," Waiting Costs for Coinbase and Circle Are Accumulating
Released on April 24, 2026. The Senate Banking Committee markup has quietly shifted from "late April" to "the end of May," and this shift is not due to legislative failure, but rather the arrangement of various political agendas has not yet been finalized. With over 100 cryptocurrency companies jointly applying pressure and Senator Bernie Moreno publicly endorsing the "end of May" timeline, the probability of the CLARITY Act passing has not substantially decreased. However, for Coinbase Global, Inc. (NASDAQ: $COIN) and Circle Internet Group, Inc. (NYSE: $CRCL), each week of waiting incurs a quantifiable valuation cost.
