🔗 Crypto & Blockchain

Coinbase's Armstrong Does a 180 on CLARITY Act: Crypto's Washington Power Play?

Coinbase's Brian Armstrong just endorsed the CLARITY Act he torpedoed in January. But who's really cashing in on this regulatory flip-flop?

Brian Armstrong tweet endorsing CLARITY Act with Treasury Secretary backdrop

⚡ Key Takeaways

  • Coinbase CEO Armstrong reversed course on CLARITY Act after key tweaks. 𝕏
  • Crypto lobby's DC sway grows via donations, meetings, and charters. 𝕏
  • CLARITY may entrench big players like Coinbase, echoing past bank deregulations. 𝕏
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Originally reported by Cointelegraph

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