Coinbase CEO Brian Armstrong Drops Opposition and Backs the CLARITY Act Bill

TLDR: Coinbase CEO Brian Armstrong publicly reversed his stance to back the CLARITY Act after months of opposition. U.S. Treasury Secretary Scott Bessent urged Congress to move quickly on digital asset regulation rules.  Coinbase CLO Paul Grewal anticipated meaningful CLARITY Act progress within 48 hours of his statement.  Banks and crypto firms remain at odds [...]

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