Cryptocurrency Bill CLARITY Sparks Divided Factions: Why Are the Big Players Urgently Aiming for Consensus by the End of the Month?

【Crypto News】The crypto market has recently been stirred up by a bill. Coinbase CEO Brian Armstrong announced plans to withdraw support for the crypto market structure bill CLARITY, stating “It’s better to have no bill than a bad one.” However, this stance has sparked different opinions within the industry.

Kraken CEO Arjun Sethi disagreed with this logic, believing that disagreements should be resolved through negotiation rather than abandoning the bipartisan cooperation built over the years. He is joined by several industry leaders—including a16z Managing Partner Chris Dixon, Ripple CEO Brad Garlinghouse, and the White House AI and Cryptocurrency Special Advisor David Sacks—who have expressed similar views, urging all parties to resolve their differences by the end of the month.

Ledger Global Policy Head Seth Hertlein offered a different perspective: the current favorable policy environment is hard to come by, and missing this window could mean that the bill will never pass or that future negotiations will have to be conducted under very passive conditions. The entire industry understands one principle— the usability and innovation space of crypto technology should not fluctuate significantly with each change of government. This is the key to long-term stability.