Coinbase Cuts Q3 Lobbying After CLARITY Act Senate Defeat, Here’s All

HIGHLIGHTS Crypto lobbying by Coinbase and major industry groups fell in Q3 2026 but held above $4 million for a sixth straight quarter. The pullback followed the Senate’s 49-50 rejection of the CLARITY Act on September 15, which needed 60 votes to advance. With Congress stalled, the industry is pivoting to the SEC and CFTC, which made nine separate moves to write crypto rules. Bloomberg Government data shows that crypto lobbying by Coinbase and major industry groups fell in the third quarter of 2026.