Coinbase (COIN.US) CEO Pressures Senate: Speeding Up the “Clarity Act” Voting to Decide the Results

According to Woofun AI, Coinbase (COIN.US) CEO Brian Armstrong publicly pressured the US Senate to immediately vote on the Clearing Legitimate and Regulatory Integrity for Tomorrow's Yield (Clearing Legitimacy and Clearing Regulatory Integrity for Tomorrow's Yield) to end the long-standing vague state of digital asset regulation.

The core of the bill is to restructure the regulatory framework, clearly define the boundaries between securities and commodities in digital assets, thereby dividing the jurisdiction of the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC), and supporting the establishment of consumer protection mechanisms. The bill has now been submitted to the House of Representatives and is awaiting action by the Senate.

According to data compiled by Woofun AI, the industry is increasingly calling for clarification of jurisdiction, with the aim of eliminating compliance uncertainty.

In an environment without clear rules, exchanges such as Coinbase (COIN.US) face multiple difficulties with asset listing standards, legal applicability, and compliance measures. If passed, the bill will reduce regulatory ambiguity and attract institutional investors; conversely, the industry will continue to be exposed to regulatory enforcement risks. Although critics point out that the bill may favor large businesses and insufficient consumer protection, most practitioners believe it is necessary to address compliance pain points.

As the legislative process progresses, industry leaders and advocacy groups continue to put pressure on lawmakers, stressing the urgency of passing legislation to resolve regulatory disputes. The Clarity Act is seen as a key turning point in US cryptocurrency regulation, and its final results will profoundly influence the development trend of the country's digital assets over the next few years.