On February 19, U.S. Senator Bernie Moreno, a supporter of cryptocurrencies, stated that the highly anticipated CLARITY Act, which aims to provide a clearer regulatory framework for the U.S. crypto industry, is expected to pass before April.

Coinbase CEO Brian Armstrong participated in an interview with Moreno. He explained that they are attending the World Liberty Finance (WLF) Crypto Forum alongside representatives from the crypto industry, banking sector, and U.S. Congress, aiming to reach solutions on market structure issues.

"A major issue that has arisen in the past is the idea of interest-bearing stablecoins," Armstrong said. The banking industry previously worried that offering stablecoin yields could weaken traditional banking, leading to deposits and interest leaving banks. Although Armstrong expressed objections to the draft and withdrew support for the CLARITY Act in January, he stated that now "there is a way forward, and we can achieve a three-win outcome here. This is a victory for the crypto industry, a victory for banks, and a victory for American consumers, enabling President Trump’s crypto agenda to move forward smoothly and making the U.S. the world’s crypto capital," Armstrong said. (