Coinbase CEO: The CLARITY Act is closer to passing than ever before

Coinbase CEO Brian Armstrong posted on the X platform that the CLARITY Act is "closer to being advanced than ever before."

Brian Armstrong stated that the bill will make the U.S. financial system faster, cheaper, and more inclusive, and help the U.S. maintain its leading position in the competition for the next generation of global financial systems. He also thanked the U.S. Senate staff and the 3.7 million Stand With Crypto supporters, stating that these groups have driven the bill's development to its current stage.