He said the bill would “die a brutal death” if it does not reach the Senate floor and warned Coinbase CEO Brian Armstrong and other executives could build offshore.
Anthony Scaramucci said this week that CLARITY would “die a brutal death” if it fails to reach the Senate floor, framing the legislation’s progress as critical for the U.S. crypto industry. He added that executives such as Coinbase CEO Brian Armstrong could begin building offshore to avoid what he described as regulatory oppression, underscoring concerns that prolonged policy uncertainty may push crypto activity outside the United States.