Coinbase Policy Leader: The final provisions of the CLARITY Act regarding reward mechanisms have been officially announced According to Golden Finance, on May 2nd, Faryar Shirzad, the policy director of Coinbase, posted on the X platform stating that "the final text of the CLARITY Act regarding the reward mechanism has now been made public. We have emphasized throughout the entire process that this debate is largely based on hypothetical risks rather than real evidence, and lacks understanding of the actual operation of the cryptocurrency industry. Nevertheless, the encryption industry remains actively engaged in discussions. After several months of meetings, White House、America. Department of the Treasury、Senate Banking Republicans、Thom Tillis We finally reached a compromise with Angela Alssobrooks. In the end, the bank obtained more restrictions on rewards, but we kept the key point - American users can still receive rewards based on real use of encrypted platforms and networks. At the same time, we also ensure that the United States can maintain a leading position in the global financial system, which is crucial in the current fiercely competitive geopolitical environment. This is of great significance to innovation, consumers, and US national security. With this issue coming to an end, it is now time to shift the focus to broader bill content. During this period of controversy, significant progress has also been made in other fields, such as token classification, DeFi, and tokenization. We look forward to reviewing the complete final text and pushing the bill forward. It's time to push for the implementation of the CLARITY Act now