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Coinbase CEO says CLARITY Act will protect crypto users from another FTX collapse

Summary by CBS News
Brian Armstrong made the case for the cryptocurrency legislation, which is scheduled for a Senate vote in September.

8 Articles

Key Points of the News: Brian Armstrong noted the dates of September 15 and 16, 2026 as key moments for the definition of the regulatory framework in the United States. The CLARITY law requires a minimum of 60 votes in the U.S. Senate to overcome the procedural motion and advance its legislative approval. The CFTC prepares an alternative regulatory scheme under its current powers in case Congress maintains the parliamentary stalemate. Coinbase E…

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CBS News broke the news in New York, United States on Thursday, August 20, 2026.
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