Coinbase CEO Brian Armstrong said crypto cannot wait for Congress after the legislative process surrounding the CLARITY Act was halted, arguing that regulatory clarity for the industry will arrive regardless.
“Crypto can’t wait for Congress,” Armstrong said. “Regulatory clarity for crypto is coming either way.”
The comments came after the latest setback for the CLARITY Act, which has faced difficulty advancing through Congress. Armstrong's statement highlights the growing focus within the crypto industry on regulatory clarity, even as legislative efforts remain uncertain.
For the market, the remarks point to a distinction between the industry's demand for clearer rules and the pace of congressional action. While the CLARITY Act represents one legislative path toward defining the regulatory framework, Armstrong's comments suggest that the push for greater clarity is expected to continue regardless of the bill's immediate progress.
The next focus will be on how the CLARITY Act process develops and whether lawmakers can reach enough support to move the legislation forward. At the same time, attention will remain on other potential developments that could shape the regulatory environment for digital assets.
