The cryptocurrency industry is reportedly split regarding the CLARITY Act, a market structure bill. According to reports, some crypto executives believe the bill requires significant revisions. Other executives appear to be more supportive of the proposed legislation. The division within the industry became apparent after Coinbase seemingly broke ranks with some of its peers. The development highlights the ongoing challenges in achieving consensus on regulatory frameworks for the digital asset space.

The cryptocurrency industry is reportedly split regarding the CLARITY Act, a market structure bill. According to reports, some crypto executives believe the bill requires significant revisions. Other executives appear to be more supportive of the proposed legislation. The division within the industry became apparent after Coinbase seemingly broke ranks with some of its peers. The development highlights the ongoing challenges in achieving consensus on regulatory frameworks for the digital asset space.