Coinbase has withdrawn its support for the Clarity Act, resulting in a delay of the scheduled markup, according to reports. The decision by Brian Armstrong and the Coinbase team indicates concerns with the current form of the draft bill. The development introduces uncertainty around the progression of the Clarity Act. The specific reasons for Coinbase's change of stance were not detailed in the provided source.

Coinbase has withdrawn its support for the Clarity Act, resulting in a delay of the scheduled markup, according to reports. The decision by Brian Armstrong and the Coinbase team indicates concerns with the current form of the draft bill. The development introduces uncertainty around the progression of the Clarity Act. The specific reasons for Coinbase's change of stance were not detailed in the provided source.