Recent events
2026-05-02
Stated positions
SECONDARY
The technical definitions of 'activity-based rewards' in the May 2026 CLARITY Act compromise track verbatim with policy recommendations circulated by Coinbase-affiliated trade groups in late 2025.
2026-05-02
Other facts
SECONDARY
The May 2026 CLARITY Act safe harbor for 'activity-based rewards' was explicitly designed to accommodate the specific revenue-sharing architecture currently employed by Coinbase and Circle.
2026-05-01
Other facts
PRIMARY
As of Q1 2026, stablecoin-related income constitutes the single largest component of Coinbase's 'Subscription and services' revenue, surpassing both staking and custodial fees.
2026-04-24
Transactions
PRIMARY
Coinbase reported total net revenue of $6.9 billion and net income of $1.3 billion for the fiscal year 2025, according to its 2026 proxy statement.
2026-04-20
Transactions
PRIMARY
Coinbase's Q1 2026 LDA filing (submitted April 2026) reports $840,000 in lobbying expenditures, specifically listing 'Oversight of SAB 122' and 'Implementation of the GENIUS Act' as primary issue areas.
2026-03-17
Other facts
PRIMARY
Paul Atkins was appointed SEC Chairman in 2026, succeeding the previous administration and signaling a shift toward 'clearer lines' in crypto asset classification.
2026-02-24
Transactions
PRIMARY
Coinbase reported $1.35 billion in 'Stablecoin revenue' for the fiscal year 2025, a figure that represents approximately 80% of Circle's total reported distribution expenses for the same period.
2025-10-09
Other facts
INFERENTIAL
Coinbase filed filing with the SEC on 2025-10-09. Accession number: N/A.
2024-11-05
Transactions
SECONDARY
The Fairshake super-PAC spent approximately $40 million in the 2024 election to successfully oppose incumbent Senator Sherrod Brown in Ohio.
2024-06-15
Other facts
SECONDARY
Coinbase Custody Trust Company is a New York–chartered limited-purpose trust company that competes for institutional crypto custody mandates that the SAB 121 repeal opened to traditional banks.
2024-06-15
Transactions
SECONDARY
FEC reporting regulations for independent-expenditure-only committees do not require disclosure of corporate donors' internal deliberations, strategy memos, or legislator-selection criteria governing contributions to…
2024-06-15
Other facts
SECONDARY
Coinbase's public policy statements endorsing FIT21, the GENIUS Act, and SAB 121 repeal provide explicit criteria that correlate with Fairshake spending patterns, but no public document confirms these criteria were…
2024-06-15
Transactions
SECONDARY
Coinbase contributed in excess of $45 million to the Fairshake super-PAC and its affiliates during the 2023-2024 election cycle, making it the single largest corporate donor to the network.
2024-06-15
Other facts
SECONDARY
Coinbase's policy team participated directly in markup negotiations for both the FIT21 market-structure bill and the GENIUS Act stablecoin framework.
2024-05-15
Other facts
PRIMARY
Coinbase publicly endorsed and lobbied for H.J.Res.109, the Congressional Review Act resolution to rescind SAB 121.
2023-06-15
Other facts
SECONDARY
Coinbase issues USDC jointly with Circle through the Centre Consortium framework and shares in USDC reserve-yield economics under their distribution agreement, making it a direct beneficiary of any expansion of the…
2024-11-05
Contradictions
PRIMARY
Contradiction: stated "Coinbase publicly endorsed and lobbied for H.J.Res.109, the Congressional Review Act resolution to rescind SAB 121." — revealed "The Fairshake super-PAC spent approximately $40 million in the…
