Coinbase vice chair says CLARITY Act is ‘on the one-yard line’ as Democrats strengthen consumer protections

Coinbase executives reversed their January opposition to endorse the CLARITY Act following banking compromises that reshaped the digital asset regulatory bill. Vice chair Ryan VanGrack stated the legislation is nearing a Senate vote, describing it as being on the one-yard line. This endorsement follows efforts by Democrats to strengthen consumer protections within the crypto market. Consequently, Coinbase leadership now views the modified regulatory framework as a significant win for investors and the broader digital asset ecosystem.