Brian Armstrong Says CLARITY Act Could Unlock Major Benefits for Crypto and Americans
TL;DR:
- The United States House of Representatives previously approved the legislative initiative with a vote of 294 in favor and 134 against.
- The United States Senate scheduled a procedural cloture motion vote for September 15, requiring at least 60 votes to advance.
- The proposed regulatory framework assigns direct joint supervisory authority to the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Just hours before the start of September, Brian Armstrong, CEO of Coinbase, reaffirmed his support for the CLARITY Act. The executive urged the United States Congress to approve a structured legal framework for digital assets.
The President very astutely recognized there are millions of Americans who felt disenfranchised by the prior Administration’s attack on crypto.
It’s time to get the Clarity Act, which will protect consumers, over the finish line. There is something in it for everyone: banks, law… pic.twitter.com/WWtyirkDH2
- Brian Armstrong (@brian_armstrong) August 31, 2026
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