Coinbase Global Inc.

(NASDAQ:COIN) Chief Policy Officer Faryar Shirzad on Monday urged U.S. lawmakers to advance the CLARITY Act, arguing that the legislation is critical to ensure America, not China, leads the next generation of global financial infrastructure.

Opportunity Is To Make Sure It’s The U.S.

Speaking in a Fox Business interview, Shirzad said Coinbase is preparing for future cybersecurity risks, including quantum computing, while banks are increasingly embracing crypto and stablecoin technology.

Shirzad described digital assets as the foundation of a new financial system that could transform how value moves across the internet.