Brian Armstrong has once again killed the "CLARITY Act"—

Tens of trillions of institutional funds are waiting on the sidelines, and the divergence in stablecoin yields remains unresolved. Brian's veto means the whole industry has to wait with him—
We’ve spent years arguing with the SEC, and in the end, it’s not the regulators blocking us—it's the exchange with the highest market value in the industry—
The logic is simple: clear regulations allow competitors to enter compliantly; unclear regulations keep Coinbase’s moat intact.
This isn’t defending the industry; it’s using the industry as a moat—
The SEC is an open target, at least knowing where to hide. Coinbase is a hidden threat, still branding itself as a "cryptocurrency advocate"—
#CLARITY法案 #Coinbase #加密监管 #BrianArmstrong #稳定币 #USDC #BTC