John D'Agostino, Head of Institutional Strategy at Coinbase, emphasized the complexity of the Digital Asset Markets Transparency Act (CLARITY Act) in a recent CNBC interview. He noted that the Act is foundational for the development of cryptocurrencies and other asset classes, which explains the extended time required for its passage. D'Agostino compared the CLARITY Act's complexity to the Genius Act, a stablecoin bill passed in July, underscoring the intricate nature of the legislation.