Coinbase executive defends Clarity Act delay: "I fully understand."

In a recent CNBC interview, Coinbase executive John D'Agostino stated that the slow progress of the Clarity Act on Digital Asset Markets is "understandable" because it is fundamental legislation governing the crypto market structure and is more complex than the already passed Genius Act on stablecoins. He believes that global regulatory developments and pressure from the outflow of US talent may push the bill to pass in 2026; however, market analysts point out that its passage may have a limited direct impact on the price of Bitcoin. (cointelegraph)