Coinbase CEO: Will Partner with Bank Executives to Bridge Remaining Gap on CLARITY Act, Achieving a Win-Win

BlockBeats News, January 20th, Coinbase CEO Brian Armstrong stated that he will discuss the "CLARITY Act" (Crypto Market Structure Act) with banking executives at the World Economic Forum in Davos and engage in further dialogue with them to bridge the remaining gap and explore how to achieve a win-win situation.

Brian Armstrong pointed out that stablecoins should be able to create a level playing field for cryptocurrency companies and traditional banks. He will convey the results of these discussions to the Senate and the U.S. government to advance the legislative process. Armstrong will also engage with world leaders on how cryptocurrency can update the traditional financial system and explore the potential of tokenization in expanding access to capital markets.