Coinbase Is Well Positioned to Benefit From U.S. Crypto Regulatory Clarity: Benchmark

The broker raised its terms people for the crypto speech to $421 from $301 and reiterated its bargain standing connected the stock.

Jun 23, 2025, 2:05 p.m.

Coinbase (COIN), the starring integer assets level successful the U.S., is good positioned to payment from the enactment of the crypto market operation bill introduced successful the House of Representatives earlier this month, broker Benchmark said successful a probe study Monday.

Benchmark raised its Coinbase terms people to $421 from $310 and reiterated its bargain standing connected the stock.

Coinbase shares fell 1.6% successful aboriginal trading arsenic struggle successful the Middle East weighed connected fiscal markets.

The crypto exchange's banal jumped 23% past week pursuing the bipartisan passage of the stablecoin GENIUS Act successful the Senate, and the announcement that the institution had secured a MiCA license from Luxembourg, allowing it to connection crypto services crossed the 30 nations successful the European Economic Area.

"The CLARITY Act seeks to found a broad regulatory model for integer assets successful the U.S. that could supply much-needed certainty astir the U.S. government’s attraction of crypto, " wrote expert Mark Palmer. This is seen arsenic a cardinal prerequisite for further organization adoption of the plus class.

Staking could spot a important boost from the enactment of the CLARITY Act, and this is simply a affirmative for Coinbase, the study said.

Read more: Coinbase Debuts Stablecoin Payment Stack Following Shopify Partnership

Will Canny