Federal Reserve Board Seeks Public Comment On Proposals For Stablecoin Rules Under GENIUS Act, Requiring Full Reserve Backing And Capital Standards For Supervised Issuers
https://www.federalreserve.gov/newsevents/pressreleases/bcreg20260924a.htm
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https://www.bloomberg.com/news/articles/2026-09-23/crypto-firm-coinbase-dropped-as-member-of-uk-finance-lobby-group
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https://www.federalreserve.gov/newsevents/pressreleases/bcreg20260924a.htm
Coinbase Global (COIN) declined 1.46% on September 23, 2026, underperforming the S&P 500's 0.76% loss. The stock holds a Zacks Rank #4 (Sell) rating. Analysts project negative EPS of -$0.09 for the upcoming quarter (down 106.25% YoY) and full-year EPS of -$0.21, though consensus revenue estimates of $1.15B for the quarter and $5.25B annually show declines of 38.62% and 26.83% respectively. However, consensus EPS estimates have improved 51.52% over the past month.
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