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Techub News reports, according to AltcoinDaily, Coinbase CEO Brian Armstrong said that the cryptocurrency industry has reached a compromise with banking lobbying groups and the Senate on the Market Structure Act, and will support the committee review later this week. Armstrong stated that the industry has met the requirements of banks and the Senate and is ready to advance the legislative process. The CLARITY Act aims to establish a clear regulatory framework for digital assets and address the jurisdictional uncertainties between the SEC and CFTC. This compromise is seen as a key development in the bill's progress, helping to establish a clearer compliance path for the cryptocurrency market.