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Coinbase CEO says CLARITY delay will not slow crypto adoption

Coinbase CEO says CLARITY delay will not slow crypto adoption

Coinbase CEO Brian Armstrong said crypto adoption will continue through stablecoins, tokenization and expanding digital asset markets despite the Senate delaying the CLARITY Act.

Summary

  • Armstrong said crypto momentum continues regardless of the congressional timetable.
  • Senate leaders postponed the CLARITY Act vote until September after negotiations failed to produce an agreement.
  • Stablecoin rewards, political ethics and illicit finance safeguards remain central points of dispute.
  • Coinbase shares closed Friday at $153.60, gaining about 5.7% during the session.

Armstrong points to adoption beyond Congress

Armstrong described the Senate’s failure to advance…

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