Coinbase and Crypto Groups Cut Q3 Lobbying Spending After CLARITY Vote Setback

Coinbase and several major crypto organizations reduced their federal lobbying spending in Q3 2026, as the CLARITY Act failed to clear a key Senate procedural vote in September. Their combined spending remained above $4 million, extending a streak of six consecutive quarters above that mark. The groups had spent more than $8 million during the first half of 2026 to advance market-structure legislation. An earlier analysis of first-half crypto lobbying tied to the CLARITY Act examined spending disclosures and estimates for that period. Some lobbying firms also ended their work with crypto clients during Q3.