Xin Yan, co-founder and CEO of Sign, commented on the delay of the U.S. CLARITY bill, following Coinbase's withdrawal of support. Yan sees this as part of a global trend where governments are increasingly engaging with cryptocurrency, marking a shift from speculation to utility. He believes that clear regulatory frameworks like the CLARITY bill and Europe's MiCA will provide certainty for traditional finance and attract significant capital once issues like custody are resolved. Yan also views Coinbase's withdrawal as a sign of growing influence for crypto projects in the legislative process, indicating broader acceptance by mainstream investors and officials.