Coinbase CEO: The Time for the US CLARITY Act to Pass Has Arrived According to Hodler's Digest, a subsidiary of Cointelegraph Magazine, Brian Armstrong, CEO of Coinbase, a leading cryptocurrency exchange in the United States, publicly stated that after months of legislative delays and multi-party games, the time has come for the passage of the CLARITY Act (Digital Asset Market Clarity Act) in the United States. It is reported that Armstrong's statement is a significant reversal of his stance on the bill. In January 2026, he publicly withdrew his support for the CLARITY Act twice, citing flaws in its provisions, which directly led to the Senate Banking Committee delaying the bill's review and voting process, causing the legislative process to come to a standstill. After months of bipartisan negotiations and multi-party consultations between the cryptocurrency and banking industries, Armstrong stated that the current version of the bill has become a "strong bill" and explicitly called on Congress to push for its implementation. The CLARITY Act, also known as the Digital Asset Market Clarity Act of 2025 (H.R. 3633), is the most comprehensive cryptocurrency regulatory legislation in the United States to date. The bill was passed by a bipartisan majority in the US House of Representatives on July 17, 2025. Its core is to clearly define the regulatory authority of the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over digital assets, clarify the classification standards for "digital commodities" and "digital asset securities," end the long-standing regulatory ambiguity in the US cryptocurrency market, and provide a regulatory framework for the industry's compliance development.