2026-05-02Other factsSECONDARYThe 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.
2026-05-02Stated positionsSECONDARYThe 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.
2026-05-01Other factsPRIMARYAs of Q1 2026, stablecoin-related income constitutes the single largest component of Coinbase's 'Subscription and services' revenue, surpassing both staking and custodial fees.
2026-04-24TransactionsPRIMARYCoinbase 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.
2026-04-20TransactionsPRIMARYCoinbase'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.
2026-03-17Other factsPRIMARYPaul Atkins was appointed SEC Chairman in 2026, succeeding the previous administration and signaling a shift toward 'clearer lines' in crypto asset classification.
2026-02-24TransactionsPRIMARYCoinbase 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.
2024-11-05TransactionsSECONDARYThe Fairshake super-PAC spent approximately $40 million in the 2024 election to successfully oppose incumbent Senator Sherrod Brown in Ohio.