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Brian Armstrong's door is open to discuss the Clarity Act with Jamie Dimon. ๐Ÿšช

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Brian Armstrong's door is open to discuss the Clarity Act with Jamie Dimon. ๐Ÿšช

Transcript

24 segments

0:00

my door is open whenever he is, but I

0:02

don't think it's necessary to get to

0:03

actually the bill. At this point, the

0:04

Senate has sort of told us told both of

0:06

us is like we're going forward in this

0:07

direction and you guys had to make a

0:09

compromise. It hurt for both sides, but

0:11

this is what we came up with and then

0:12

hopefully it'll be on the president's

0:14

desk in the next few months. Clarity Act

0:15

would be a really massive TAM expansion

0:18

moment for Coinbase and actually all

0:20

crypto. And so, we've been working hard

0:22

with all parties there to see if we can

0:24

help get something over the line. The

0:25

Senate seems to be making great

0:26

progress. As you know, it came out of

0:28

the committees, most recently Senate

0:30

Banking Committee with bipartisan

0:31

support. It's already passed the House.

0:32

So, my hope here is that in the next

0:34

month or so, we'll get a Senate floor

0:36

vote and then hopefully it'll be on the

0:37

president's desk in the next few months.

Interactive Summary

The speaker discusses the progress of the Clarity Act, which represents a significant opportunity for Coinbase and the crypto industry. They note that the bill has received bipartisan support in committees and has already passed the House, with expectations for a Senate floor vote and presidential approval in the coming months.

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