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Coinbase CEO Disappointed by Senate’s Failure to Advance CLARITY Act, Sees September Action
JH Kim
Summary
- Coinbase Chief Executive Officer Brian Armstrong said he was disappointed that the US Senate did not advance the CLARITY Act this week.
- Armstrong backed Senate Majority Leader John Thune’s pledge to bring the bill up in September and voiced hope that the bill will move that month.
- He said interest in virtual asset, or cryptocurrency, technology continues to grow regardless of the congressional calendar and stressed that voters are closely watching the bill’s progress.
Forecast Trend Report by Period
Coinbase Chief Executive Officer Brian Armstrong expressed disappointment that the US Senate did not advance the CLARITY Act this week, while voicing hope that the bill will move in September.
Writing on X, formerly known as Twitter, on August 7, Armstrong said he was disappointed but backed Senate Majority Leader John Thune’s pledge to bring the bill up in September.
Interest in virtual asset, or cryptocurrency, technology continues to grow regardless of the congressional calendar, Armstrong wrote. Voters are watching closely to see who is helping the bill pass and who is blocking it. We are closer to the goal than ever before. Let’s finish the bill in September.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.