[Coinbase Chief Legal Officer Criticizes Lack of Evidence Supporting CLARITY Act Amendments] On March 11, Coinbase Chief Legal Officer Paul Grewal stated on the X platform that certain proposed amendments to the CLARITY Act are unreasonable. The claims made by banks citing 'deposit outflow risks' lack any supporting evidence. The real situation might involve shifting stablecoin rewards for retail consumers to the world's largest banks. Patrick Witt, Executive Director of the U.S. Presidential Digital Asset Advisory Committee, also expressed that the CLARITY Act should maintain its legislative stance of supporting innovation and opposed actions that would turn it into an anti-competitive act. He emphasized that relevant legislation should promote innovation in the digital asset industry rather than restrict market competition.