Coinbase Policy Chief Faryar Shirzad Analyzes Legislative Hurdles for Crypto

Coinbase Chief Policy Officer Faryar Shirzad attributed the failure of the CLARITY Act's cloture vote to the timing of the electoral cycle and significant lobbying efforts by major banks. Shirzad stated that the focus of crypto policy will now shift toward the SEC, CFTC, and bank regulators under Paul Atkins. He also outlined a three-track strategy involving legislation, regulation, and international engagement that he believes maintains strong momentum.