Crypto Exchanges
By Sydney TheCMO
1 / 15
What the Bill Actually Does. The CLARITY Act tries to cut through all that. It would set up a framework specifically for…
2 / 15
Thursday's Markup Matters. The Thursday session is a markup, which means the committee will go through the bill line by line.
3 / 15
Brian Armstrong wants the CLARITY Act to pass. The Coinbase CEO threw his weight behind the bill as Congress gears up for a Thursday markup session that could decide its fate.
4 / 15
The CLARITY Act aims to give digital assets a proper regulatory home in the United States. Right now, crypto companies operate in a pretty murky legal space.
5 / 15
Armstrong didn't mince words. He said the bill is "closer than ever" to advancing through Congress.
6 / 15
The CLARITY Act tries to cut through all that. It would set up a framework specifically for digital assets, separate from existing securities and commodities law.
7 / 15
Support has been building for months. Not just from Coinbase, but across the crypto sector. Exchanges, wallet providers, DeFi protocols—they all want clarity.
8 / 15
Armstrong's statement reflects growing optimism that years of lobbying might finally pay off.
9 / 15
The Thursday session is a markup, which means the committee will go through the bill line by line. Members can propose amendments, debate language, and vote on changes.
10 / 15
See also: Bermuda Bets on Stellar: Premier Burt Pushes National Finance Onto Blockchain Rails
11 / 15
No details yet on what amendments might come up. Some lawmakers want stricter consumer protections. Others want exemptions for certain types of tokens or activities.
12 / 15
The negotiations behind the bill involved not just crypto companies and banks, but also insurance firms, payment processors, and fintech startups.
13 / 15
Armstrong's timing is interesting. Coinbase just settled a lawsuit with the SEC over its staking program, paying a hefty fine but avoiding an admission of wrongdoing.
14 / 15
The crypto sector has been waiting for this kind of legislation since at least 2017, when the first ICO boom sparked regulatory panic.
15 / 15
Read also: Stablecoin Rewards Battle Pits Crypto Firms Against Banks as CLARITY Act Hits 100+ Amendments
The Currency Analytics
Want the full story?