The Tweet That Changes Everything On Friday, April 10, 2026, Armstrong directly replied to Treasury Secretary Scott Bessent with the following statement: “We agree. It’s time to pass the Clarity Act. Grateful for all the bipartisan work among Senators and staff over the past several months to make this a strong bill.” This clear and positive message stands in sharp contrast to Coinbase’s previous positions. The company had withdrawn its support twice (in January and March 2026), mainly due to concerns over restrictions on yields (interest and rewards) for stablecoins. Why Coinbase Was Blocking the Bill Until Now Coinbase had criticized several aspects of the proposed legislation:
Overly strict limits on stablecoin yield programs (particularly affecting USDC), seen as favoring traditional banks. An unbalanced regulatory approach between the SEC (stricter) and the CFTC (preferred by the industry). Potential negative impacts on DeFi and tokenized assets.
Armstrong had repeatedly stated: “We would rather have no bill than a bad bill.” After months of intense negotiations and an apparent compromise on stablecoin yields, the tone changed dramatically this week. What is the Clarity Act? The Digital Asset Market Clarity Act (H.R. 3633) is the most important piece of cryptocurrency legislation in years. Its main goals are to:
Clearly distinguish between securities (regulated by the SEC) and commodities (regulated by the CFTC). Establish a clear regulatory framework for exchanges, stablecoins, DeFi, and tokenized assets. Provide the long-awaited “clarity” the industry has been demanding to foster innovation while protecting investors.
The bill has already passed the House of Representatives in 2025 with strong bipartisan support. It now awaits review and a vote in the Senate. Historic Momentum Coinbase’s support comes at a very favorable time:
The Trump administration is strongly pro-crypto. Key figures such as Scott Bessent and SEC Chair Paul Atkins are actively pushing the bill forward. The entire crypto industry (with few exceptions) now appears aligned.
The Senate returns to session on April 13, 2026. A markup in committee is expected in the coming weeks, with a goal of rapid passage. Market Implications If the Clarity Act is passed:
Greater regulatory certainty for U.S. crypto companies. More freedom for Coinbase and other platforms to innovate, especially with stablecoins and DeFi. Increased attractiveness of the United States compared to Europe (MiCA) and Asia.
Crypto markets reacted positively today, with Bitcoin hovering around $73,000 and a general uptick across the sector. Brian Armstrong ends a long battle: after playing a major lobbying role (sometimes as a blocker), Coinbase now appears ready to celebrate a historic victory for the industry. The article will be updated as the Senate process evolves. Is regulatory clarity finally coming to the United States?