The collapse of the Clarity Act has reportedly triggered a wave of finger-pointing among cryptocurrency executives and lawmakers.
The collapse of the Clarity Act has reportedly triggered a wave of finger-pointing among cryptocurrency executives and lawmakers.
This “blame game” began almost immediately after the digital assets legislation failed to clear the Senate earlier this month, The Wall Street Journal (WSJ) reported Sunday (Sept. 20).
Some pointed to ethics concerns among Democrats about President Donald Trump’s ties to the crypto sector. Others said the industry wasted its chance to close a deal on the bill before factors like the Iran war, inflation and artificial intelligence became larger priorities for Congress.
At the center of it all was Brian Armstrong, CEO of Coinbase, WSJ added. Head of the largest U.S. crypto exchange, he had emerged as…






