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Coinbase CEO urges Senate to pass Cryptocurrency Clarity Act

2026-07-30 12:16:14
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Coinbase CEO publicly urges the U.S. Senate to pass the Cryptocurrency Clarity Act

Coinbase CEO Brian Armstrong publicly calls on the U.S. Senate to pass the Cryptocurrency Clarity Act, saying the legislation is a key step in the regulation of digital assets in the United States. The bill is currently in the Senate vote stage and has become the focus of a broad industry effort to seek regulatory certainty.

Why Armstrong pushed the Senate to pass the Cryptocurrency Clarity Act

As the CEO of Coinbase, Armstrong called on the Senate to advance the Cryptocurrency Clarity Act, arguing that this measure could reshape the way digital assets are regulated. He publicly stated that as the Senate vote approaches, the bill will change the U.S. financial system. Previously, Armstrong has repeatedly stated his position directly to lawmakers, including in talks with Republican senators on the bill.

The bill has been reviewed by committee. As the Senate Banking Committee advanced the Clarification Act, its chairman called it a "historic bipartisan vote" that laid the foundation for the comprehensive Senate action that Armstrong expected.

What the Senate action means for U.S. crypto policy

The Senate's push shows that this debate is not just about Coinbase, but also about the formulation of rules for the structure of U.S. digital asset markets. Industry participants typically focus on whether such legislation leads to clearer operating rules, and the term "clarity" itself refers to regulatory certainty rather than specific technical changes.

However, passage of the bill is not certain. Reports suggest that the bill may be stalled due to opposition from the banking community and controversy related to Trump-related crypto projects. These contradictions highlight that even if the bill is passed, it will only mean a clearer regulatory environment rather than absolute guarantees.

There are also differences within the industry. Previously, Coinbase and JPMorgan Chase clashed in Davos over the Clarification Act, indicating that some forces in the traditional financial sector are also resisting the bill.

Points for readers and markets to focus on

The key verification point for the next step is whether the Senate moves forward with the bill or responds to Armstrong's call. The timing has become uncertain, with the Senate previously postponing preliminary consideration of the bill.

Market participants are more likely to respond to policy signals than to immediately focus on changes at the agreement level. At present, the focus is still on publicly calling for Senate approval, while the actual watch list is limited to the Senate's procedural progress and the industry's continued stance on this matter.

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