The post U.S. Crypto Regulation Advances as Armstrong Endorses Clarity Act appeared on BitcoinEthereumNews.com.

Momentum builds for U.S. crypto rules as Coinbase backs the Clarity Act and pressure mounts on Congress. Brian Armstrong has backed the Clarity Act after earlier concerns, aligning with Scott Bessent, who is urging Congress to act without delay. That shift marks a clear departure from months of uncertainty and inconsistent signals. With support now building across both industry and government, attention turns to whether lawmakers can move quickly enough to establish firm rules for the digital asset market. Coinbase Adjusts Position as Clarity Act Draws Bipartisan Backing Support for the Clarity Act gained traction after comments from Coinbase CEO Brian Armstrong. He publicly backed the proposal, signaling a departure from the company’s earlier hesitation. Previous drafts raised issues tied to stablecoin provisions, yet recent revisions appear to have addressed key concerns. At the same time, momentum has been reinforced from within the government. Scott Bessent called on lawmakers to move quickly, arguing that digital assets already play a major role in financial activity. Armstrong echoed that position, thanking policymakers for bipartisan work and calling the bill “strong.” We agree. Thank you @SecScottBessent for saying it. It’s time to pass the Clarity Act. Grateful for all the bipartisan work among Senators and staff over the past several months to make this a strong bill. https://t.co/jHoZ1bfLVZ pic.twitter.com/YBKebDkq8B — Brian Armstrong (@brian_armstrong) April 10, 2026 Bessent’s stance was published in the Wall Street Journal and focused on the market’s scale and growing influence. He noted that digital assets are held by millions of Americans, while institutions continue to expand their involvement. As adoption rises, gaps in regulation have become more visible. According to Bessent, regulatory uncertainty has slowed domestic growth. Conflicting approaches from the Securities and Exchange Commission and the Commodity Futures Trading Commission created confusion for developers and investors. In many…

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Filed under: News - @ April 11, 2026 1:16 am