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A win-win-win outcome for the crypto market structure bill: Coinbase CEO Brian Armstrong

A win-win-win outcome for the crypto market structure bill: Coinbase CEO Brian Armstrong

Coinbase CEO Brian Armstrong and Senator Bernie Moreno hinted that the Digital Asset Market Structure Clarity Act, commonly referred to as the CLARITY Act, could reach a win-win-win conclusion by April. The delay in the CLARITY Act was caused by Coinbase’s sudden exit, driven by multiple concerns that would increase competition between crypto institutions and US banks. 

Brian Armstrong pulls a win-win-win for the CLARITY Act

The CLARITY Act remains a highly anticipated bullish catalyst for the cryptocurrency market, which could lift Bitcoin (BTC) out of the ongoing slump below $70,000. The initial draft was opposed by Coinbase CEO Brian Armstrong, who raised multiple issues, including the ban on tokenized equity, limiting rewards on…

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