Coinbase CEO Backs US Treasury Secretary‘s Push to pass CLARITY Act
Cointelegraph
Coinbase CEO Brian Armstrong has renewed his support for the CLARITY Act following alignment with US Treasury Secretary Scott Bessent's call for legislative action.Summary
Coinbase CEO Brian Armstrong has publicly endorsed the passage of the CLARITY Act, aligning with US Treasury Secretary Scott Bessent’s recent push for legislative progress. Armstrong, who previously withdrew support for the bill in January due to concerns over its draft, now considers the current version a "strong bill" following months of negotiations between lawmakers and industry stakeholders. The legislation, which addresses critical aspects of crypto market structure, is moving toward a potential markup by the Senate Banking Committee as the industry seeks to establish clearer regulatory frameworks under the Trump administration.
(Source：Cointelegraph)