Brian Armstrong: Responding to The Wall Street Journal's Accusations of Obstructing the CLARITY Act

Brian Armstrong stated on X platform that The Wall Street Journal is preparing to report on blaming Coinbase and himself for the failure of the CLARITY Act. Brian Armstrong stated that he opposed the initial draft of the bill in January due to issues with DeFi, tokenization, CFTC authority, and stablecoin rewards. The revised draft has addressed these issues and was approved by the committee four months later. Brian Armstrong supports the final draft of the CLARITY Act submitted to the Senate and will continue to push for cryptocurrency regulatory rules. (Source: The Wall Street Journal)