The CLARITY Act gains industry support as 52% of US voters favor its passage, per recent polling data.
Coinbase CEO Brian Armstrong has endorsed the CLARITY Act, a cryptocurrency regulatory bill set for markup in Congress on Thursday. The move follows months of negotiations between the banking sector and crypto industry, which stalled earlier this year over initial draft rejections led by Coinbase and other major players.
The bill aims to clarify digital asset regulations, addressing a market where 20% of Americans own cryptocurrency, according to a 2025 survey by the National Cryptocurrency Association. The survey also found that 67% of US crypto holders are under 45, with investment as the primary use case for 52% of respondents. A separate HarrisX poll showed 52% of registered voters support the legislation, while only 11% oppose it.
The CLARITY Act’s progress could reshape regulatory frameworks for digital assets, potentially influencing market stability and investor confidence in the sector.