Coinbase CEO Brian Armstrong said there is no clash with the White House and that talks remain ongoing as the industry works on proposals tied to the CLARITY market-structure bill. The focus is on ways to support community banks' role in crypto.

The Clarity Act of 2025 aims to provide clear regulations for the crypto industry, gaining support from both parties. This legislation could impact how crypto transactions are handled and foster further adoption.

The CLARITY Act aims to define clear rules for the digital asset market, split oversight between SEC and CFTC, and ensure consumer protection while supporting innovation. The House Financial Services Committee plans a vote on June 10, 2025, with bipartisan backing for passage before August recess.