CLARITY Act Urged Forward, Crypto Regulation Clarity Expected Regardless
The U.S. Treasury Secretary Scott Bessent has urged senators to advance the CLARITY Act when they return from recess, renewing his July call for action.
Brian Armstrong, CEO of Coinbase, believes that crypto could gain regulatory clarity whether the Clarity Act passes on September 15 or federal agencies advance rulemaking afterward.
The original version of the CLARITY Act targeted non-decentralized DeFi, but a revised version has not been made public yet.