Growing optimism in Washington is elevating expectations for U.S. crypto clarity as Coinbase CEO Brian Armstrong’s renewed push signals rising momentum behind legislation he hopes will soon reach the president’s desk, promising clearer standards, confidence and growth ahead.
Armstrong Fires up DC Again With a Bold Push for CLARITY Bill
Intensifying legislative momentum in Washington is reshaping expectations for U.S. crypto rules. Coinbase (Nasdaq: COIN) CEO Brian Armstrong shared on Nov. 18 on social media platform X that he returned to the capital to continue pushing market-structure legislation, noting that the could soon reach the president’s desk.
The Coinbase chief executive detailed:
Back in DC pushing for market structure legislation. There’s been lots of great progress since I was last here which is great to see. Hoping for a mark up of the CLARITY bill in December, and for it to be on POTUS’s desk soon after.
His latest visit follows a prior October trip in which he engaged with lawmakers extensively, stating at the time: “I met with 25 senators in the last 2 days, working to get market structure clarity done. I’m glad to report the urgency and momentum is high!” He also told policymakers: “We’re grateful that senators from both parties are working hard, engaged on clear rules for digital assets, even during a government shutdown. Building a better financial system requires strong rules that protect consumers and empower innovation here in the United States.”
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Armstrong also stressed on Nov. 18:
This bill will get crypto further unlocked in the US with clear rules, which will benefit all businesses, protect customers, and unleash builders. Let’s keep pushing!”
His repeated visits to Washington D.C. suggest bipartisan talks are entering a decisive stage. Analysts say the CLARITY bill could set domestic rules for exchanges, brokers, and token issuers, reducing uncertainty around custody, settlement, and liquidity. Supporters argue that clear standards could boost institutional participation and retain U.S. talent, while critics say explicit statutes could strengthen consumer protections. Pro-crypto advocates add that the legislation could modernize capital markets and help maintain U.S. leadership as other jurisdictions advance digital-asset frameworks.
FAQ ⏰
- What is driving momentum behind the CLARITY bill? The bill is gaining traction as policymakers seek standardized digital-asset rules that reduce uncertainty and expand institutional participation.
- How could new crypto market-structure rules impact U.S. exchanges? They may define operations for exchanges, brokers, and token issuers, clarifying custody, settlement, and liquidity requirements.
- Why are industry leaders pushing for onchain capital formation? They argue blockchain-based fundraising is more efficient, transparent, and fair for entrepreneurs and investors.
- What role does Washington engagement play in advancing crypto legislation? Frequent meetings with lawmakers and officials reflect expanding bipartisan support for clear digital-asset regulations.
Author: Kevin Helms
Source: Bitcoin
Reviewed By: Editorial Team
