Coinbase Exec on CLARITY Act Delay: Understandable Compared to Genius Act
A Coinbase executive has commented on the delay of the CLARITY Act in the United States. According to the executive, the US Genius Act addressed issues that were "structurally simpler" than those covered by the CLARITY Act, which is still awaiting passage into law. The executive indicated understanding regarding the delay, suggesting the complexities involved in the CLARITY Act are a factor in its prolonged legislative process. The statement highlights the ongoing regulatory challenges in the crypto space.
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