Brian Armstrong Urges Passage of Clarity Act After Criticizing Prior Crypto Crackdown

Brian Armstrong said on X that the president sharply recognized that the previous administration’s crackdown on cryptocurrency left millions of Americans feeling their rights were taken away. According to Odaily, Armstrong said it is time to advance the Clarity Act through the legislative process, saying the bill would protect consumers and benefit banks, law enforcement, crypto companies, and U.S. citizens.