Coinbase CEO Brian Armstrong supports the CLARITY Act

Coinbase CEO Brian Armstrong has expressed his support for the new version of the CLARITY Act, which concerns the market structure for digital assets and is scheduled for review in the U.S. Senate this Thursday. Armstrong emphasized that the document is now in a stronger position than ever, enjoying bipartisan support. This is reported by reported by.
Representatives from the banking sector and the crypto industry have reached a healthy compromise regarding the profitability of stablecoins. This issue was one of the main factors that caused the bill to stall in January. Now, the new version significantly improves rules regarding decentralized finance (DeFi), tokenized stocks, and the CFTC's authority to regulate crypto markets.
According to a report by the National Cryptocurrency Association, approximately 20% of the U.S. population owns cryptocurrencies. The study shows that 67% of crypto holders are under the age of 45. The primary purpose of using cryptocurrency is investment, with 52% of respondents viewing digital assets as a tool to secure their financial future.
The results of a survey conducted by HarrisX also confirm the positive attitude toward the CLARITY Act. 52% of registered U.S. voters support the passage of this law, while only 11% are against it.
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