Faryar Shirzad, Coinbase chief policy officer, said on @MorningsMaria that the CLARITY Act would be a major financial regulation measure and the first since the 1990s to give banks new authorization to enter crypto.
Faryar Shirzad, Coinbase chief policy officer, said the CLARITY Act could become one of the most significant financial regulatory bills passed by Congress in recent years. Speaking on @MorningsMaria, he said the measure would be the first legislation since the 1990s to give banks new authorization to participate in the crypto sector. His comments frame the bill as a potentially important step in defining how traditional financial institutions may engage with digital assets under U.S. law.