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Coinbase Executive: CLARITY Act is more fundamental and complex, and the legislative process is reasonably time-consuming
Deep Tide TechFlow News, January 03 — According to Cointelegraph, Coinbase Institutional Business Strategy Head John D’Agostino said in an interview with CNBC: I fully understand why the Act will take longer. The Act is essentially a bill that lays the groundwork for the long-term development of the crypto industry and even any real asset class, so it is reasonable that the legislative process takes time. Its complexity is significantly higher than the stability coin legislation @E5@ Act, and market structure legislation itself is more complex.
He also mentioned that a large number of crypto and fintech talents are flowing out of the US to overseas, and this trend may further compel legislators to push the Act through around 2026.
It is reported that White House AI and Crypto Affairs Director David Sacks said on December 19: “We are closer than ever to passing this milestone crypto market structure legislation, which President Trump has called for. We look forward to completing the final work in January.”