Coinbase CEO says U.S. crypto rules coming regardless of Clarity Act Senate vote
Coinbase CEO Brian Armstrong told CNBC he expects the Clarity Act to pass the Senate on Sept. 15, citing support from crypto firms, banks and law enforcement groups. He added that even if the bill fails, the SEC and CFTC have signaled readiness to issue their own rulemaking, meaning digital asset oversight will be clarified either way.
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The Clarity Act would divide oversight of digital assets between the SEC and CFTC, a long-sought goal for an industry operating under years of regulatory ambiguity. Armstrong's comments suggest the crypto sector sees regulatory clarity as inevitable, which could accelerate institutional investment regardless of legislative outcomes.
- Armstrong expects the Clarity Act to pass despite a tough 60-vote threshold in the Senate.
- Ethics provisions remain the main sticking point in negotiations before the Sept. 15 vote.
- SEC and CFTC are prepared to issue rulemaking on crypto oversight even without new legislation.
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Published there as: “Coinbase CEO sees U.S. crypto regulation advancing regardless of Clarity Act vote”
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