Coinbase CEO Brian Armstrong is scheduled to meet with Senate Republicans over lunch on Wednesday, just one day before a key vote on the CLARITY Act, according to Punchbowl News. The timing signals that Coinbase is making a final push to shape the legislative outcome at the highest level.
The CLARITY Act is one of the most consequential pieces of crypto market-structure legislation currently moving through Congress, aimed at drawing clearer jurisdictional lines between the SEC and CFTC over digital assets. A direct sit-down between the CEO of the largest US crypto exchange and the Senate GOP caucus — the day before the vote — is a strong indicator that the industry views this bill as a pivotal moment for regulatory legitimacy in the United States.
TheBlock
WatcherGuru