Crypto lobby shifts stance as US regulation bill stalls
Big crypto players have withdrawn support for the Clarity Act, a sweeping US bill to regulate digital assets, after Coinbase CEO Brian Armstrong pulled his backing and the Senate delayed action amid internal industry disputes. The move underscores infighting between crypto firms, banks, and lawmakers as midterm politics loom, leaving the bill’s fate uncertain even as the White House pushes crypto-friendly rules and debates over issues like stablecoins and tokenized securities persist.
