Brian Armstrong said on X that the CLARITY Act is a bipartisan bill designed to establish clear rules for cryptocurrency in the United States. According to Armstrong, the measure would give regulators and law enforcement more tools for consumer protection, for pursuing bad actors, and for bringing crypto within the US regulatory framework. He also said the bill includes multiple pages of new authorizations related to banks integrating stablecoins and other crypto services. Armstrong argued that those provisions would help the US retain its position as a financial and technology center while supporting economic growth, jobs, and tax revenue. He added that this week will show which members of the Senate are prepared to vote in favor of the legislation.
Brian Armstrong said in a post on X that the CLARITY Act is a bipartisan effort aimed at creating clear rules for cryptocurrency in the United States.
Armstrong said the bill would provide more tools for consumer protection, for law enforcement to go after bad actors, and for bringing crypto under US regulatory oversight.
He also said the legislation contains multiple pages of new authorizations for banks to integrate stablecoins and cryptocurrency. Armstrong said that would help the US maintain its role as a financial and technology center while creating economic growth, jobs, and tax revenue.
He added that this week will show which members of the Senate will vote to support the bill.
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