In the past few days, Coinbase CEO Brian Armstrong has made waves in Washingtons crypto corridors with a pivotal pivot on key legislation. Modern Consensus reports that on Thursday evening, Armstrong tweeted his call for the Senate to pass the Clarity Act, echoing Treasury Secretary Scott Bessents fresh Wall Street Journal op-ed urging swift action on crypto regulation. This endorsement marks a dramatic turnaround from January, when Armstrongs vocal opposition—citing bans on stablecoin yields for exchanges like Coinbase—derailed the bills Senate Banking Committee markup, as detailed by the same outlet. Mexc News confirms Armstrong declared its time, praising the revised bill as strong after months of bipartisan tweaks that now permit yields on active stablecoin uses while restricting passive holdings—a compromise under mounting pressure that could reshape U.S. crypto rules long-term.
No public appearances or business deals popped up in reliable dispatches, and social media scans show this tweet as his lone high-profile mention, amplifying his influence amid Trump-era policy shifts—though unconfirmed whispers link him to a pre-presidential huddle, per Mexc. No major headlines in the last 24 hours, but this Clarity push cements Armstrongs biographical arc as cryptos ultimate dealmaker.
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