According to a statement by Coinbase, delays in the CLARITY Act are a reflection of how complex and important
The executives state that market structure legislation is longer than legislation concerning stablecoins.
Industry chiefs look ahead to January with optimism but are dubious about its immediate influence.
The Digital Asset Market Clarity Act, widely known as the CLARITY Act, continues to test the patience of the US crypto industry. However, a senior executive at Coinbase says the delay is both expected and necessary, given the scope of what the legislation aims to achieve.
Speaking on CNBC on Friday, Coinbase’s institutional head of strategy John D’Agostino said he fully understands why the bill has not yet crossed the finish line.
“I completely understand why this is taking longer,” D’Agostino said. “It’s the kind of bill that is more foundational for the growth of crypto or any real asset class.” He added that lawmakers need time because the C
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