Coinbase CEO Armstrong Pushes for CLARITY Act Passage

Coinbase CEO Brian Armstrong is calling on American lawmakers to pass the CLARITY Act, which he believes will provide much-needed clarity for the cryptocurrency industry in the United States.

According to Armstrong, roughly one in four Americans own cryptocurrency, with more than half of those holders under the age of 45. He also cited polling that shows American voters are twice as likely to support candidates who back the CLARITY Act than those who oppose it, regardless of political affiliation.

'CLARITY isn't only a win for crypto users,' Armstrong said. 'It's a win for the future of America as a global leader for finance, innovation, and national security.'