Coinbase Launches Final Push for Clarity Act Ahead of Congressional Recess
Coinbase is launching a final push for the Clarity Act before the August congressional recess, highlighting the importance of regulatory clarity for crypto in America. A recent Focaldata study commissioned by Coinbase shows that 55% of Americans would feel more protected as consumers if the Clarity Act passes.
The NCA 2026 Annual State of Crypto Holders Report confirms that 1 in 4 American adults, roughly 67 million people, now own crypto, up from 1 in 5 the previous year. Coinbase's CEO Brian Armstrong tweeted about the stakes: 'American voters are 2x more likely to support a candidate that backs CLARITY (vs those less likely), regardless of party preference.'
Pro-Ripple lawyer John E. Deaton echoed the urgency, warning that blocking the Clarity Act won't stop Trump from profiting from crypto. He stated, 'The reason President Trump was able to make $1.4B on Crypto is BECAUSE THERE WAS NO CLARITY. To not provide it now is nonsense.'