Coinbase CEO: Progress on U.S. crypto regulatory legislation is smooth, looking forward to the advancement of the CLARITY Act

Coinbase CEO Brian Armstrong stated that he is continuing to push for cryptocurrency market structure legislation in Washington, and noted that he has seen "many positive developments" since his last visit. He hopes the CLARITY Act will be considered in December and submitted for the President's signature as soon as possible.

Armstrong emphasized that the bill will provide clearer rules for the U.S. cryptocurrency industry, helping to unlock the industry's potential, protect users, and support business growth.