Bloomberg Government data shows that Coinbase and major crypto industry groups reduced their lobbying spending in the third quarter of 2026. The pullback came after the U.S. Senate voted down the Digital Asset Market Clarity Act, or CLARITY Act, on Sept. 15, 2026. The measure failed by a 49-50 vote and needed 60 votes to move forward. The update points to a decline in crypto lobbying outlays during the quarter, based on the data cited by Techub News.
Bloomberg Government data shows Coinbase and other big crypto trade groups spent less on lobbying in the third quarter of 2026.
That pullback came after the U.S. Senate shot down the Digital Asset Market Clarity Act, or CLARITY Act, on Sept. 15, 2026, in a 49-50 vote. The bill needed 60 votes to move forward.
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