Coinbase CEO Brian Armstrong has accused The Wall Street Journal of preparing a report that falsely blames him and the exchange for the failure of the CLARITY Act to pass. Armstrong stated he opposed an earlier January draft due to unresolved issues regarding DeFi, tokenization, CFTC authority, and stablecoin rewards but fully supported the final version after improvements were made four months later.
Armstrong criticized the publication for adopting a hostile stance toward the legislation, alleging its reporting mirrors bank lobbying group viewpoints rather than objective facts. He reiterated his commitment to advocating for fair and clear regulatory frameworks for crypto customers despite the media scrutiny.
Coinbase CEO Criticizes WSJ Over CLARITY Act Reporting, Reaffirms Support for Final Bill
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