Coinbase CLO and Grayscale CFO Both Exit as Crypto Regulation Era Begins

Yahoo News · Jul 11, 2026

Coinbase CLO and Grayscale CFO Both Exit as Crypto Regulation Era Begins

Leonardo_Lightning_XL_This_is_CariGold_AI_generated_image_Mimi_0.jpg

McGee also supported Grayscale's confidential IPO filing in 2025, which the firm has since paused. Kathryn Masci and Daniel Plourde, both senior finance executives, will serve as interim co-chief financial officers. Masci also joins the board of managers and becomes principal financial and accounting officer.

What the Senior Coinbase and Grayscale Exits Signal

Both departures land as Washington moves toward clearer crypto regulation rules. The GENIUS Act became law in July 2025, while the CLARITY Act still awaits a full Senate vote.

Republican Senator Cynthia Lummis of Wyoming said in a Wednesday post on X that the CLARITY Act may be the last chance to get real digital asset legislation passed before 2030.

"If we fail to pass the CLARITY Act, we are ensuring another country will write the rules for digital assets, and we spend the next decade catching up," Lummis said.

Senator Bernie Moreno of Ohio said in a reply to Lummis' post: "Agreed. It is time to put the CLARITY Act on the floor and have a vote this month."

The crypto advocacy organization Stand With Crypto urged supporters in a Tuesday (July 7) post on X to contact their senators when the senators return from recess on Monday (July 13) and call on them to schedule a vote on the bill.

The next recess is August 8th, so the CLARITY Act now faces a hard deadline of August 7 to pass the Senate, and by promoting from within, both firms signaled continuity rather than a change in direction. The coming months will show how their new leaders handle the next stage.

This article has been published in 99bitcoins.com via Yahoo News.