Coinbase executive John D’Agostino has voiced support for the Digital Asset Market Clarity Act, arguing that its slow progress reflects the scale of the work rather than a lack of momentum. In his view, the bill is designed to build the regulatory foundation for the broader US digital asset market, not to address one narrow segment.
He said that helps explain why the process has taken time. The legislation reaches into core issues across the industry, including which crypto assets should fall under the SEC, which should be overseen by the CFTC, and how decentralized platforms should be treated. Those are structural questions. Lawmakers are moving carefully because the answers would shape how the market operates in the United States.
January 15 Senate review puts the bill back in focus
After months of waiting, the Clarity Act has returned to the center of the policy discussion. The Senate Banking Committee has scheduled a key session for January 15 to review and debate the measure. According to the source material, the bill has already passed the House with bipartisan backing, and in the Senate it has support from senior lawmakers including Tim Scott and John Boozman.
The unresolved points are substantial. Current debate includes how to regulate DeFi without damaging innovation, how tokens should be classified with greater precision, and whether stablecoin issuers should be allowed to offer rewards. The same material also notes that without support from both parties, the bill cannot advance.
Coinbase sees a possible path to passage in 2026
D’Agostino said the legislation has a real chance of passing in 2026. He tied that view to two pressures. One is the pace of digital asset regulation in other countries, which could leave the US behind. The other is the risk that crypto builders and developers may leave the country if clear rules do not arrive soon.
That expectation does not automatically point to a near-term market rally. Some market watchers cited in the source said the bill may not directly lift Bitcoin prices. Its effect would likely be longer range, giving exchanges, developers, and investors a clearer basis for planning while reducing uncertainty for companies that want to build in the US.
Regulatory push aligns with Coinbase’s broader strategy
The comments also line up with recent remarks from Coinbase CEO Brian Armstrong, who said the company is building a global platform connecting digital currency, payments, and other financial tools.
The source says Coinbase’s Base network has already reached more than 1 million daily users and processed billions in trading volume. Coinbase is also working on new apps that combine wallets, trading, and social functions. Taken together, the company’s support for the Clarity Act fits with its interest in operating under a clearer US regulatory structure.