Coinbase CEO: US crypto regulatory legislation is progressing smoothly; expects the Clarity bill to advance in December.

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Coinbase CEO Brian Armstrong reports progress on U.S. crypto legislation, expecting the CLARITY bill to advance in December. The bill aims to provide clearer rules to unlock industry potential and protect users.

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Coinbasecrypto regulationCLARITY billBrian Armstrong

Odaily Odaily reports that Coinbase CEO Brian Armstrong stated he is continuing to push for crypto market structure legislation in Washington, D.C., and has seen "many positive developments" since his last visit. He hopes the CLARITY bill will be considered in December and submitted to the president for signature as soon as possible. Armstrong emphasized that the bill will provide clearer rules for the U.S. crypto industry, helping to unlock the industry's potential, protect users, and support business development.

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