Coinbase CEO Backs Revised Crypto Clarity Act Ahead of Senate Markup

Coinbase CEO Brian Armstrong is publicly supporting the updated Digital Asset Market Clarity Act as the U.S. Senate prepares to mark up the pivotal crypto market structure bill this Thursday. He stated the legislation is in its strongest bipartisan position ever after months of negotiation.

Armstrong specifically highlighted a “healthy compromise” on stablecoin yield that was brokered by Senators Tillis and Alsobrooks between the banking and crypto industries. This compromise was a critical breakthrough, as the same issue had previously stalled the bill earlier this year.

The latest version also includes improved provisions for decentralized finance, tokenized stocks, and the regulatory authority of the Commodity Futures Trading Commission. Consequently, these updates appear to have garnered broader support from key industry players.

Meanwhile, new polling data shows significant public backing for the legislation. Approximately 52% of registered U.S. voters support passing the CLARITY Act into law, while only 11% oppose it.

This political momentum coincides with fresh data on crypto adoption from the National Cryptocurrency Association. Their 2025 survey of 54,000 residents found that about 20% of the U.S. population now owns cryptocurrency.

The majority of these crypto holders, about 67%, are under the age of 45. Furthermore, over half of surveyed holders cite using digital assets as an investment for their financial future.

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