The U.S. Senate Banking Committee has postponed its review of the "Digital Asset Market Clarity Act" following public opposition from Coinbase. Originally scheduled for this Thursday, the review has been delayed with no new date announced. The Senate Agriculture Committee has also postponed its session to the end of the month due to bipartisan disagreements. The CLARITY Act aims to establish a regulatory framework for digital assets, addressing issues of regulatory boundaries and enforcement. However, the bill has faced criticism for its stringent requirements on Web3 projects, including strict rules on token fundraising and sales. Coinbase founder Brian Armstrong criticized the bill for expanding SEC authority and stifling innovation, while other industry participants have expressed concerns over its impact on decentralization and innovation. The bill's delay highlights ongoing political tensions and the complex dynamics between regulatory bodies and the cryptocurrency industry. As the Senate committees work towards consensus, the future of the CLARITY Act remains uncertain, with significant implications for the digital asset market.