Coinbase's Ryan VanGrack said the Clarity Act is gaining strong Senate momentum and argued it would bring long-awaited federal rules, stronger consumer protections, and regulatory clarity to the crypto industry.

Coinbase vice chair Ryan VanGrack says the CLARITY Act is nearing a Senate vote, with Democrats strengthening consumer protections in the crypto market

Coinbase executives reversed their January opposition to endorse the CLARITY Act after banking compromises reshaped the digital asset regulatory bill.