According to The Verge, Coinbase CEO Brian Armstrong previously indicated plans to withdraw support for the Crypto Market Structure Act (CLARITY), stating, "I'd rather have no bill than a bad bill." However, several major industry players hold opposing views to Coinbase's stance. Kraken CEO Arjun Sethi suggested that unresolved issues should be addressed through negotiations rather than abandoning years of bipartisan progress. a16z managing partner Chris Dixon, Ripple CEO Brad Garlinghouse, and White House AI and Cryptocurrency Special Advisor David Sacks also expressed similar opinions, urging all parties to resolve differences by the end of the month. Ledger Global Policy Lead Seth Hertlein noted that it's hard to imagine whether a favorable environment like the current one will exist in the future. The industry generally feels that if legislation isn't passed now, it may either become unachievable or proceed under very unfavorable conditions. The crypto industry does not want the usability of software or the content publishing rights to change with each change of government.

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