Brian Armstrong: Clear legislation fails to make progress in the Senate
2026-09-16 07:18:07
According to CoinMeta, Coinbase CEO Brian Armstrong stated that the failure of the Clear Act to advance in the Senate today is disappointing. He pointed out that although bipartisan dialogue may continue, we can no longer wait for Congress. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have the tools necessary to create clear regulations and are expected to begin working on this seriously. Therefore, clearer regulation is on the way. In addition, he mentioned that the legal framework for stablecoins has already taken effect, allowing for more flexible incentive mechanisms. Although some difficult concessions were made in terms of clarity, this may be the best outcome. He emphasized that cryptocurrencies are irreversible, and as regulatory agencies gradually clarify the rules, the financial system will continue to evolve.
Bullish 0
Bearish 0
Source:X
This content is for market information only and does not constitute investment advice.