Coinbase CEO Brian Armstrong gets behind CLARITY Act ahead of Thursday markup

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Source: Brian Armstrong The comments and the bill’s pending markup follow months of back-and-forth negotiations between the banking sector and the crypto industry over the bill, which stalled in January 2025 after crypto industry players, led by Coinbase, rejected the initial draft. About one in five Americans, or 20%, owns cryptocurrency, according to the National Cryptocurrency Association’s 2025 State of Crypto Holders report, which surveyed 54,000 US residents. The survey found that about 67% of US crypto owners are below the age of 45, while about 15% are over 55 years old. A demographic breakdown of crypto users in the United States. Source: National Cryptocurrency Association The top-ranked use case for cryptocurrency was as an investment, with 52% of holders indicating that they use digital assets to “invest in their financial future,” according to the survey. A HarrisX poll conducted earlier this month also found that 52% of the 2,008 registered US voters surveyed supported passing the CLARITY Act into law, while just 11% opposed the passage of the legislation. Magazine: Will the CLARITY Act be good — or bad — for DeFi? More on the subject

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