Armstrong Reverses, Backs CLARITY Act
Watch: Senate Banking Committee markup on April 13 will clarify regulatory framework's impact on Coinbase’s business.
Full analysis
Coinbase CEO Brian Armstrong reversed his January opposition to the CLARITY Act on April 10, 2026, after a bipartisan compromise addressed stablecoin yield rules. The Senate Banking Committee markup is expected April 13, with CLARITY Act passage priced at 55%. XRP trades at $1.35 amid $119.6M net inflows this year, reflecting regulatory optimism and institutional interest.
Armstrong’s turnaround and regulatory progress reduce uncertainty, likely improving Coinbase's position in growing crypto regulation and stablecoin markets.
Evidence
7 older signals
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