Coinbase CEO Brian Armstrong Abruptly Drops Support for Major US Crypto Legislation, Calls New Version ‘Materially Worse’ Than Status Quo

Coinbase CEO Brian Armstrong says he can’t support a major crypto bill making its way through Congress in its current form. Armstrong says he believes the latest version of the Clarity Act is worse than the current status quo. He cites multiple key features that are a no go for the largest US crypto exchange source: https://dailyhodl.com/2026/01/14/coinbase-ceo-brian-armstrong-abruptly-drops-support-for-major-us-crypto-legislation-calls-new-version-materially-worse-than-status-quo/