Coinbase CEO: Crypto Industry to Benefit Regardless of CLARITY Act Vote

Coinbase CEO Brian Armstrong stated that the crypto industry will gain regulatory clarity regardless of the outcome of the September 15 Senate vote on the CLARITY Act. He noted that passage would provide legislative support, while failure would still prompt rule-making from the SEC and CFTC. The bill aims to establish a federal framework for digital assets by dividing regulatory authority between the two agencies.