Coinbase CEO Brian Armstrong is straight up hyping the CLARITY Act again right before that September 15 Senate vote drops. He swears it would slap a clearer framework on US crypto markets and drag in that sweet institutional cash plus tokenized assets to the country fr.
Armstrong Makes His Pitch For That Yes Vote 💀
Dropping by on CNBC’s Squawk Box Asia on September 10 Armstrong called the CLARITY Act ready to get a yes vote and said the Senate folks he talked to are totally on board. Law enforcement groups are now on board. Many banks are on board. The crypto companies are on board. He even pointed at hundreds of pages of input from both Republicans and Democrats. The Coinbase chief noted his team had raised concerns before but now all those must-have issues got sorted.
Bitcoin Could Hit $400000 By 2030 📈
Armstrong connected regulatory clarity straight to institutional adoption and mentioned how over 150 big companies jumped on stablecoins within three months after the GENIUS Act passed. In his view CLARITY could work like the perfect checkbox for big investors to bring tokenized equities and perpetual contracts stateside. Even without the bill passing he says the SEC and CFTC are already cooking up rules anyway. He also linked the whole debate to wild government spending pushing folks toward Bitcoin almost like gold. Plus regulated stablecoins act as structural buyers of US debt which could help lower rates. On Bitcoin itself he kept saying $400000 by 2030 stays a reasonable target and that one-year downturn might have already bottomed out since the next halving is about a year and a half away. I think the next year or two is going to be good for Bitcoin he stated.
Just another echo from the void by iconofsin.eth 💖
