Brian Armstrong Criticizes WSJ for Misleading CLARITY Act Coverage

Coinbase CEO Brian Armstrong stated that the Wall Street Journal is preparing a report that unfairly blames him and Coinbase for the CLARITY Act's legislative delays. Armstrong reiterated that his initial opposition in January was based on critical defects in the draft regarding DeFi, tokenization, CFTC authority, and stablecoin rewards. He emphasized that these issues were resolved in subsequent versions, which he fully supports, and accused the WSJ of prioritizing bank lobbying perspectives over objective reporting.