Why Does Coinbase Executive Backs Clarity Act Despite Slow Progress?

Coinbase Executive Backs Clarity Act as US Crypto Rules Move Forward

Will the United States finally get clear crypto rules after years of confusion? That question is coming back into focus after a Coinbase executive backs Clarity Act, showing confidence that long-awaited crypto regulation is slowly moving in the right direction.

In a recent interview, John D’Agostino, a senior executive at Coinbase, spoke openly about the Digital Asset Market Clarity Act, also known as the Clarity Act. He said the slow pace of the bill is understandable because it is not a simple law. Instead, it is meant to set the foundation for how the entire crypto market will work in the U.S.

Source: X (formerly Twitter) 

Why the Clarity Act Is Taking So Long

D’Agostino explained that this bill is much more complex than other crypto laws. For example, the GENIUS Act, which focuses mainly on stablecoins, has already passed. But this Digital Asset Market Bill goes much further.

It tries to answer big questions like:

• Which crypto assets fall under the SEC?

• Which ones should be overseen by the CFTC?

• How should decentralized platforms be treated?

Because these questions affect the whole industry, lawmakers are moving carefully. According to D’Agostino, this slow process is not a bad sign; it shows the government understands how important the bill is.

Senate Action Brings New Attention

After months of waiting, the Clarity Act is back in the spotlight. The Senate Banking Committee has scheduled a key meeting for January 15, where lawmakers will review and debate the bill.

This has already passed the House with support from both parties. In the Senate, it is backed by senior lawmakers like Tim Scott and John Boozman, who want to end the long fight between regulators over who controls crypto.

Still, challenges remain. Lawmakers are divided over:

• How to regulate DeFi without hurting innovation

• How to classify tokens clearly

• Whether stablecoin issuers should be allowed to offer rewards

• Without support from both parties, the bill cannot move forward.

• Coinbase Executive Backs Clarity Act Passing in 2026

Even with these issues, D’Agostino believes the bill has a real chance to pass in 2026. He pointed to two key pressures pushing lawmakers to execute.

First, other countries are moving faster with digital assets regulation, which puts the U.S. at risk of falling behind. Second, crypto builders and developers may leave the U.S. if clear rules do not arrive soon. This signals growing confidence inside the industry.

Will the Clarity Act Affect Bitcoin Price?

Some market watchers say that this bill may not directly push Bitcoin prices higher. Instead, its impact would be more long-term.

Clear rules would help exchanges, developers, and investors plan better. It would reduce uncertainty and give companies more confidence to build in the U.S., even if prices do not jump overnight.

Coinbase’s Bigger Plan for Crypto

These comments also match Coinbase CEO Brian Armstrong’s recent message to the community. Armstrong said Coinbase is focused on building one global platform that connects digital currency, payments, and other financial tools.

Source: X (formerly Twitter) 

Coinbase’s Base network has already reached over 1 million daily users and processed billions in trading volume. The company is also working on new apps that combine wallets, trading, and social features.

Final Thoughts

As a Coinbase executive backs Clarity Act progress, it shows that the digital assets industry believes clear U.S. rules are finally within reach. While the process is slow, the direction is becoming clearer, and 2026 is now seen as a possible turning point for crypto regulation in the United States. 

YMYL Disclaimer: This article is for informational purposes only, kindly do your own research before investing in the markets.