Coinbase CEO Armstrong Says Senate Missed CLARITY Act This Week, Backs September Push
Summary
- Coinbase Chief Executive Officer Brian Armstrong said he was disappointed that the US Senate did not take up the CLARITY Act this week.
- He said he supports Republican Senate Majority Leader John Thune’s pledge to bring the bill to the floor in September, expressing optimism that the legislation could advance then.
- Armstrong said interest in crypto technology continues to grow regardless of the congressional calendar, and that voters are closely watching the bill’s progress as he urged Congress to finish it in September.
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Coinbase Chief Executive Officer Brian Armstrong expressed disappointment that the US Senate did not take up the CLARITY Act this week, while voicing optimism that lawmakers could act on the bill in September.
In a post on X on Aug. 7, Armstrong wrote that he supports Republican Senate Majority Leader John Thune’s pledge to bring the bill to the floor in September.
He added that interest in crypto technology continues to grow regardless of the congressional calendar. Voters are closely watching who helps advance the legislation and who blocks it, he wrote. Armstrong also urged Congress to finish the bill in September, saying the industry is closer than ever to its goal.
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