Coinbase exec: Clarity Act nearing final approval, could pass by 2026

https://www.marketbeat.com/instant-alerts/coinbase-global-nasdaqcoin-stock-price-up-112-time-to-buy-2026-07-21/

Coinbase vice chair Ryan VanGrack announced on Fox Business that the Clarity Act is nearing final approval, indicating significant progress for the crypto market-structure bill. This statement suggests that the legislation, which aims to establish federal rules for digital assets and allocate oversight between the SEC and CFTC, is on the verge of becoming law. The bill has already passed the House and advanced through the Senate Banking Committee but still requires full Senate approval and reconciliation.

VanGrack’s comments align with recent claims by other officials suggesting the bill is on the “one-yard line.” The news comes amid speculations on the potential impacts of the Clarity Act’s passage on the crypto industry. Market participants appear to view this development as supportive of the Clarity Act being signed into law by the end of 2026.

Key Takeaways

Coinbase vice chair’s remarks suggest significant progress for the Clarity Act, indicating it is close to becoming law.