Coinbase CEO Predicts CLARITY Act Will Clear Senate Hurdle

Coinbase CEO Brian Armstrong has expressed confidence in the passage of the CLARITY Act, stating that he expects more than 60 senators to support it on September 15. According to CoinDesk, Armstrong made this prediction after discussions around the bill entered their final stage. The Senate needs at least 60 votes to pass a procedural motion allowing for formal consideration of the legislation.

Armstrong's comments suggest that an end to uncertainty over US digital-asset regulation may be approaching. However, no further details were provided by Armstrong or other parties involved in the discussions. As the September 15 deadline draws near, it remains to be seen whether the CLARITY Act will indeed secure the necessary support.