Coinbase Policy Chief Calls CLARITY Act a 'Dramatic Advance': Here's What Comes Next in the Senate
More Support Pours In Shirzad made the case for the Digital Asset Market Clarity Act in a Fox Business interview on Wednesday, describing the legislation as “a dramatic advance in consumer protection and market integrity.” The appearance that comes as the bill nears its decisive stretch is part of an intensifying industry push ahead of an expected Senate floor vote. The Coinbase executive called the bill a means of unlocking the exchanges next act, adding: CLARITY is the piece of legislation that gives us the regulatory certainty to offer those products to our customers. Theres an enormous move comprehensively across the financial system to move financial assets onchain. The Clarity Act would create the first comprehensive federal framework for digital assets, dividing regulatory responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). It addresses how assets are classified, what issuers must disclose, and how trading platforms register, questions that have been litigated piecemeal for a decade. The measure has been grinding through Congress for nearly a year. The House approved its version in July 2025, and the Senate Banking Committee advanced its draft by a 15-9 vote in May 2026. Negotiators released a merged text this week after roughly









