Coinbase CEO says crypto bill could transform US financial system as Senate vote approaches.

Coinbase CEO Brian Armstrong says a major cryptocurrency bill, the Clarity Act, could transform the US financial system as it moves through the Senate. The bill aims to establish clearer regulatory rules for digital assets and includes compromises on stablecoin rewards and protections for software developers. Lawmakers are racing to establish clearer crypto rules as banks increasingly integrate stablecoins and digital asset services.