Coinbase CEO Brian Armstrong gets behind CLARITY Act ahead of Thursday markup
Coinbase CEO Brian Armstrong is supporting the latest version of the Digital Asset Market Clarity Act (CLARITY) ahead of the US Senates markup of the crypto market structure bill on Thursday. “I dont think its ever been in a stronger or more bipartisan position,” he said about the latest iteration of the market structure bill. Armstrong said that the banking and crypto industry lobbies have reached a “healthy compromise” on stablecoin yield, which was one of the main issues that stalled the market structure bill in January. He added: “I think there was a healthy compromise there, brokered by Senators Tillis and Alsobrooks. And you know, it was a good compromise because both sides left a little bit unhappy, but at least we got to a place that we can all live with.” The latest version of the CLARITY bill also improved provisions surrounding decentralized finance (DeFi), tokenized stocks, and the authority of the Commodity Futures Trading Commission (CFTC) to regulate crypto markets, he said. Source: Brian Armstrong The comments and the bills pending markup follow months of back-and-forth negotiations between the banking sector and the crypto industry over the bill, which stalled in January 2025 after crypto industry players, led by Coinbase, rejected the initial









