Brian Armstrong said on X that the U.S. president recognizes the previous administration's crypto crackdown disenfranchised millions of Americans. He urged Congress to complete work on the Clarity Act, a bill that would protect consumers while benefiting banks, law enforcement agencies, crypto companies and, above all, the American public.
Brian Armstrong said on X that the president has been very astute in recognizing that the previous administration's crackdown on cryptocurrency left millions of Americans feeling disenfranchised. It is time to push the Clarity Act through the legislative process, as the bill would protect consumers.
The measure would benefit banks, law enforcement agencies, cryptocurrency firms and, most importantly, the American public.
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