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Markets · Investing · Business
Finance
Coinbase CEO Brian Armstrong Continues to Advocate for the Clarity Act. Here's the Most Likely Scenario For the Crypto Market.
The future of the crypto market is in limbo while waiting for the Clarity Act.
On July 21, Coinbase Global(NASDAQ: COIN) CEO Brian Armstrong told CNBC that the Clarity Act had reached the "one-yard line." For holders of Ethereum(CRYPTO: ETH), XRP(CRYPTO: XRP), and Solana(CRYPTO: SOL), that final yard is very likely to be worth real money, both immediately after the bill passes (if it does), and in the years afterward.
However, the odds of its passage this year are just 30% by some estimates. So what happens to these coins if it passes, or if it gets punted to next year?
Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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