Coinbase CEO Brian Armstrong said on X that the first truly globalized economy is imminent and urged the United States to accelerate asset tokenization. He said Coinbase has launched non-US tokenization services for stocks, while SEC Chair Paul Atkins announced the Regulation Crypto Assets proposal on Aug. 19 and is advancing the Reg Crypto framework and forthcoming Innovation Exemption. Armstrong also urged the Senate to pass the Clarity Act this autumn for long-term regulatory stability. The developments followed President Donald Trump's Aug. 19 White House meeting with crypto executives, where he said the war on crypto was over and called for congressional action, although no legislation was signed.