The CLARITY Act has seen an increase in endorsements from major figures, including Brian Armstrong, CEO of Coinbase, who has publicly expressed his support for the latest iteration of the bill ahead of its hearing in the US Senate tomorrow.
According to Armstrong, the new CLARITY Act has improved its political standing and garnered more bipartisan support through months of dialogue with congressmen, bankers, and crypto firms.
Armstrong said one of the primary areas of contention that hindered the progress of the CLARITY Act in the past few months was the dispute on the issue of yield on stablecoins. He pointed out that both the banking system and the cryptocurrency space could now come up with a solution.
Armstrong thanked Senator Thom Tillis and Senator Angela Alsobrooks for bringing both sides together. According to Armstrong, the agreement was successful since both sides did not get what they wanted, but were happy enough to keep negotiating.
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CLARITY Act Adds Better Rules for DeFi
Armstrong noted that the new edition of the CLARITY Act featured some revisions as well. These include better clarification on the regulation of DeFi, tokenized stock, and the regulatory power of the Commodity Futures Trading Commission with regard to cryptocurrencies.
However, the new bill is projected to offer more regulatory clarity to cryptocurrency firms conducting their business within the U.S., along with offering better oversight and protection for investors. This comes following months of discussions on the bill that had led to its delay in January 2025.
Crypto Adoption Grows as Support for CLARITY Act Rises
It seems that support for regulating crypto is on the rise, since crypto ownership keeps increasing throughout America. As noted in the State of Crypto Holders report published by the National Cryptocurrency Association in 2025, approximately 20% of Americans currently hold some crypto. The survey included answers from 54,000 US citizens, and most crypto owners are below the age of 45.
Moreover, according to the survey, the need for future investments continues to be the primary motivator among cryptocurrency buyers, with more than 50% of respondents stating that cryptocurrency is included in their investment portfolio.
Meanwhile, there is rising public approval for the CLARITY Act. According to a poll conducted by HarrisX, 52% of US voters support the bill’s passage into law, whereas only 11% oppose it. This rise in approval indicates that stricter cryptocurrency laws have gained acceptance among not just lawmakers but also the public.
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