Coinbase’s Q3 Lobbying Estimate Fell 10.3% During CLARITY Act Fight

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Coinbase’s estimated federal lobbying expenses fell to $1.04 million in Q3 2026, a 10.3% decline from Q2 that cannot be tied to the Senate’s Sept. 15 CLARITY Act vote. The Q3 estimate was $120,000 below the $1.16 million estimate for April 1-June 30 and covered July 1-Sept. 30. The disclosure provides no monthly breakdown, so it does not show whether the decline happened before or after the vote. The filing describes the Q3 amount as a good-faith estimate rounded to $10,000 increments. Its listed lobbying subjects include H.R. 3633, the Digital Asset Market Clarity Act, stablecoin provisions in the GENIUS Act, digital-asset tax issues, and SEC and CFTC rulemaking on crypto assets. It also names the House, Senate, CFTC, Commerce Department and Treasury as bodies lobbied.
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