Brian Armstrong: Crypto Regulatory Clarity Coming by Mid-September

CFTC officials are already preparing an alternative regulatory framework if lawmakers remain deadlocked and fail to pass the CLARITY Act. Coinbase CEO Brian Armstrong expects US crypto regulation to move forward by mid-September, either through a Senate vote or new SEC and CFTC rules. His comments came after a White House meeting with President Donald Trump and crypto executives, as lawmakers prepare to revisit the CLARITY Act. Armstrong Lays Out Two Paths to Clarity Armstrong posted on X on August 21 that “clarity is coming either way,” pointing to September 15 and September 16 as possible turning points. He expects more than 60 Senate votes for the CLARITY Act on September 15, or new rules from the CFTC and SEC the following day. His post quoted CFTC Chairman Mike Selig, who had written hours earlier that his agency would not wait indefinitely on Congress if the CLARITY Act keeps stalling over what he called Democratic obstruction. Selig said in a video shared with his post that “the CFTC will utilize its existing authorities to begin establishing a regime” for crypto markets, adding that the plan could let both registered firms and non-registered exchanges apply for a new design...