FOX

Coinbase
2026-07-23 14:25:16

Coinbase CLO Says CLARITY Act Deal Could Come by Friday

Coinbase CLO Paul Grewal said a CLARITY Act deal could emerge within 48 hours as talks over stablecoin yield provisions move closer to resolution, though the Senate timeline remains uncertain.

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Coinbase CLO Says CLARITY Act Deal Could Come by Friday
Circle
2026-07-23 10:47:43

Circle President Heath Tarbert sold about $30 million in CRCL stock while urging long-term conviction

Circle President and former Commodity Futures Trading Commission Chair Heath Tarbert is facing scrutiny after a report said he has sold more than 360,000 shares of Circle stock for over $30 million since the company’s IPO, even as he publicly urged investors to focus on the long term. The report points to a 10b5-1 trading plan set up on June 4, 2025, one day before Circle’s listing, and says Tarbert sold stock in seven of the 13 months following the debut. It also says he later adopted a second trading plan on March 10, 2026, while never buying shares on the open market after listing. Beyond the stock sales, the piece revisits Tarbert’s path through Washington and Wall Street, including his time as CFTC chair, his move to Citadel Securities 27 days after resigning from the agency, and his later role at Circle as the company pursued a direct IPO after a SPAC listing plan fell apart. The report frames those moves as part of a broader debate around the revolving door between regulators and financial firms.

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Circle President Heath Tarbert sold about $30 million in CRCL stock while urging long-term conviction