Crypto
Coinbase Backs CLARITY Act to Secure US Digital-Asset Industry Lead
Crypto exchange Coinbase is urging lawmakers to pass the CLARITY Act, which it believes will strengthen the competitiveness of the US digital-asset industry.
The bill aims to overhaul the US regulatory framework for digital assets and clarify the jurisdiction of regulators.
In a post on its official X account on August 20, Coinbase stated that the US is 'winning the crypto race' and that the CLARITY Act would help it cross the finish line.