{"id":80231,"date":"2026-04-10T15:47:05","date_gmt":"2026-04-10T15:47:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=80231"},"modified":"2026-04-10T15:47:05","modified_gmt":"2026-04-10T15:47:05","slug":"brian-armstrong-killed-the-clarity-act-in-january-but-now-hes-changed-his-mind","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=80231","title":{"rendered":"Brian Armstrong Killed The Clarity Act In January \u2014 But Now He&#8217;s Changed His Mind"},"content":{"rendered":"<div>\n<p><strong>Coinbase<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/COIN\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"COIN\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\">COIN<\/a>) CEO <strong>Brian Armstrong<\/strong> publicly backed passing the Clarity Act on April 10 after killing the bill in January, as a new compromise allows activity-based stablecoin rewards while banning passive yield.<\/p>\n<h3 class=\"wp-block-heading\">The January Blowup<\/h3>\n<p>In January, Armstrong <a href=\"https:\/\/www.benzinga.com\/Opinion\/26\/01\/49931241\/coinbase-withdraws-support-for-crypto-bill-over-stablecoin-rewards-ban\">posted<\/a> publicly on X the night before the Senate Banking Committee\u2019s scheduled markup, announcing that Coinbase could not support the bill in its current form.<\/p>\n<p>That move single-handedly caused the hearing to be postponed and fractured the crypto industry.<\/p>\n<p>The move drew public disagreement from prominent leaders, including a16z crypto\u2019s <strong>Chris Dixon<\/strong>, who posted that now was the time to move the bill forward.<\/p>\n<h3 class=\"wp-block-heading\">The Compromise That Changed Things<\/h3>\n<p>Over the following months, Senators <strong>Thom Tillis<\/strong> (R-SC) and <strong>Angela Alsobrooks<\/strong> (D-MY) negotiated a compromise. By late March, the two reportedly came to a tentative deal on stablecoin yield.<\/p>\n<p>Then on April 8, the White House Council of Economic Advisers released a report finding that a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/51756994\/brian-armstrong-killed-the-clarity-act-in-january-but-now-hes-changed-his-mind?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Brian\" armstrong killed the clarity act in january but now he changed his mind>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase (NASDAQ:COIN) CEO Brian Armstrong publicly backed passing the Clarity Act on April 10 after killing the bill in January, as a new compromise allows activity-based stablecoin rewards while banning passive yield. The January Blowup In January, Armstrong posted publicly on X the night before the Senate Banking Committee\u2019s scheduled markup, announcing that Coinbase could [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-80231","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80231"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80231\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}