Coinbase Exec Says Clarity Act Has 'Tremendous Momentum' In The Senate

Coinbase Exec Says Clarity Act Has 'Tremendous Momentum' In The Senate Authored by Micah Zimmerman via BitcoinMagazine.com, Coinbase Vice Chair Ryan VanGrack said the Clarity Act has gained “tremendous momentum” in the Senate, in a CNBC “Squawk Box” appearance that made the case for a federal crypto framework and touched on bitcoin, blockchain, and the industry’s uneasy truce with Wall Street. VanGrack, a former SEC official, framed the Clarity Act as an overdue set of rules rather than a giveaway. “It’s not about no regulation,” he said. “This is about imposing regulation on the industry for the first...