Coinbase CEO: US crypto regulatory legislation is progressing smoothly; expects the Clarity bill to advance in December.

Coinbase CEO Brian Armstrong stated that he is continuing to push for crypto market structure legislation in Washington, noting that he has seen "many positive developments" since his last visit. He hopes the CLARITY bill will be considered in December and submitted to the president for signature as soon as possible. Armstrong emphasized that the bill will provide clearer rules for the U.S. crypto industry, helping to unlock the industry's potential, protect users, and support business development.