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Today in Crypto: Coinbase CEO denies White House clash over CLARITY Act, the White House is considering withdrawing its support for crypto market structure bill following a similar move from Coinbase. Meanwhile, crypto bank Anchorage Digital eyes a $400 million raise and potential IPO next year.
Brian Armstrong, the CEO of crypto exchange Coinbase, denied recent reports that the White House is withdrawing support for the CLARITY crypto market structure bill and said that the industry is working on several ideas in the bill that would help community banks.
“The White House has been super constructive here,” Armstrong said in a Saturday X post responding to a report from independent crypto journalist Eleanor Terrett that the White House was considering abandoning the bill. Armstrong added:
