Coinbase Says Strong Crypto Rules Take Time
Coinbase has defended the pace of the CLARITY Act. The U.S. crypto industry has been waiting for clear rules for years. Some critics say that the process is too slow. However, Coinbase argues that creating strong, practical regulations takes time.
Why the CLARITY Act Matters
The CLARITY Act aims to give legal assurance for cryptocurrencies. It could define which digital assets count as securities and which are not. Investors and businesses need these rules to operate more confidently. Coinbase says that without clarity, companies face uncertainty and risk.
According to the exchange, this is not a delay. Instead, it is the “hard level” of regulation. The agency responsible must balance innovation, consumer protection and market…
