Coinbase Exec Confident in CLARITY Act Progress Despite Delays
John D’Agostino, Coinbase Institutional’s head of strategy, remains optimistic about the CLARITY Act’s eventual passage, despite legislative delays. Speaking on CNBC, he emphasized the bill’s foundational role in crypto’s growth, noting its complexity compared to the GENIUS Act, which focused narrowly on stablecoins. "This is transformative legislation," he said, "and it’s worth taking the time to get right."
The CLARITY Act aims to reshape digital asset markets, addressing investor protections and regulatory interactions. D’Agostino’s bullish outlook aligns with White House crypto czar David Sacks’ recent prediction of a January approval. The administration views the bill as critical to maintaining U.S. leadership in crypto innovation amid global competition.