The CLARITY Act wasn’t very clear after all
White House rumors, Coinbase says “relax,” senators hit pause, and crypto Twitter is in chaos. Same bill, same drama. Different day in Washington.
The Senate Banking Committee hit pause, the Agriculture Committee moves ahead on January 27, and crypto Twitter is doing what it does best, arguing.
Eleanor Terrett, in a post had claimed that the White House was considering withdrawing its support from CLARITY Act unless Coinbase does not come back to the discussion table with a “yield agreement that satisfies the banks and gets everyone to a deal”.
Terrett had cited an anonymous source close to U.S. President Donald Trump sharing the scoop.