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Coinbase CEO: The Senate of the United States has been considering the CLARITY Bill for a year, and the bill should be voted on as soon as possible

On 7 August, Chief Executive Officer Coinbase Brian Armstrong indicated that the Senate had considered the CLARITY bill for one year. During this period, parliamentarians have negotiated hundreds of pages of amendments, agreed on nominations from the SEC and the CTC, and achieved an unprecedented moral commitment. At the same time, the encryption and banking sectors have made compromises. This is the way in which legislation should operate: no one has access to all of them, but everyone has access to much of what they need. At present, the remaining issue is not the continuation of negotiations, but rather whether there will be attempts by certain groups to delay or block a legislation that already enjoys broad bipartisan support. Millions of Americans hold encrypted currency and are following the process. Now is the time to vote。

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