On a CNBC program, Coinbase CEO Brian Armstrong issued a final warning to the U.S. Congress, urging the passage of the《Clarity Act》(H.R. 3633)as soon as possible, and saying that if there is no clear regulation, the company will consider moving its business overseas. The bill previously passed the House of Representatives with a vote of 294 to 134, but it is currently deadlocked in the Senate. Brian Armstrong had withdrawn his support for the bill in early 2026 due to issues related to limits on stablecoin yield; after months of negotiations, a compromise was reached. This is now a sprint phase ahead of the Senate’s summer recess, and the White House is also pushing for legislation, but disputes over the moral clauses and federal preemption still have not been fully resolved.

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LongHoldGambler
· 2h ago
It’s understandable why he made that choice—when regulation isn’t clear, you really can’t feel secure doing business. But overseas isn’t necessarily better than the US either.
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ChainKindergarten
· 2h ago
Armstrong first withdrew its support, then compromised, and now is taking the move to threaten—this whole sequence feels like it’s pressuring for a forced change, but Congressmen don’t buy this kind of tactic at all.
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GridSpider
· 2h ago
The Senate adjourns before summer, and the White House can’t push it through either. After butting heads over the morality clause and federal supremacy for so long, it’s likely to drag on into fall again.
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