Coinbase CEO Challenges WSJ Narrative Over Failed CLARITY Act
Coinbase chief Brian Armstrong has accused the Wall Street Journal of preparing a misleading report about his CLARITY Act role. According to Armstrong’s X post, the report may portray him as partly responsible for the bill’s unsuccessful Senate vote. He also maintained that Coinbase supported the final legislation, despite challenging an earlier version before its committee consideration. The Senate recorded 50 votes supporting advancement and 49 opposing it, below the 60 votes required for cloture.