Brian Armstrong says the Wall Street Journal is preparing a story blaming Coinbase and him personally for the CLARITY Act's failure, accusing the paper of repeating bank lobby talking points. He says he opposed a January committee draft over flaws in DeFi, tokenization, CFTC authority, and stablecoin rewards, when support was fractured and the bill was unpassable. He says all four issues were fixed in a revised draft that cleared committee roughly four months later, and he strongly backed the final Senate version. He pledges to keep pushing for clear crypto rules.

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Thread · 2 events · started 22 Jul 02:50 · last update 21 Sep 10:47 · quiet
  1. Leviathan published this article
  2. UpdateU.S. Clarity Act fails after Coinbase CEO Brian Armstrong becomes central to blame debate59 acc.
  3. UpdateCoinbase CEO Brian Armstrong responds as the CLARITY Act blame game intensifies3 acc.

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Cited posts

  • @Steph_iscrypto STEPH IS CRYPTOFirst reportOn X ↗

    🚨Coinbase CEO Brian Armstrong says "a couple of the big banks" fought to kill the CLARITY Act because "they didn't want the competition." Over $30,000,000,000,000 failed to ENTER crypto after the CLARITY Act collapsed.

  • @sentosumosaba 🌸Eri ~ Carpe DiemOn X ↗

    Today: WSJ Article “We had a lot of momentum in January,” said Brad Garlinghouse, CEO of Ripple, which backed the bill. “Then one group in our industry kind of shot ourselves in the foot.” (In the opening section, right after WSJ describes Armstrong pulling Coinbase’s support in…

  • @TheCryptoSquire John SquireOn X ↗

    🚨 BRIAN ARMSTRONG FIRES BACK 🚨 Coinbase CEO Brian Armstrong says the Wall Street Journal is blaming him and Coinbase for the failure of the CLARITY Act. His response: “Here we go again!” THE CLARITY BLAME GAME HAS BEGUN. 🇺🇸

TradersTrader calls tracked by Elfa · not advice

Positioning · COIN

Open99 open positions · 87 long · 12 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 19 Sep 09:04 UTC.

Whole equity market, not this story

Crowding78th percentile · vs last 28 days, 50 typical
Pulse 24h60/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book94.9% long · 3,441 accounts

As of 19 Sep 09:00 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of

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