Crypto Industry Hits Turning Point on CLARITY Act

Coinbase's Ryan VanGrack says the crypto industry has reached a turning point on the CLARITY Act, which could have far-reaching implications for the sector. The vice chair and head of corporate affairs at Coinbase said that a broader coalition than ever before is now backing the bill. This comes after meetings in Washington ahead of the Senate's return.

'It's time to stop talking and start voting,' VanGrack stated, emphasizing the need for action on the CLARITY Act. The bill, which aims to provide regulatory clarity for digital assets, has gained significant momentum in recent times.