# Coinbase Backs Trump Administration's Crypto CLARITY Push

*Author: Jack Inabinet*
*Published: Apr 10, 2026*
*Source: https://www.bankless.com/de/read/news/coinbase-backs-trump-administrations-crypto-cla-push*

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Coinbase CEO Brian Armstrong is now voicing public support for the CLARITY Act, despite having previously opposed the bill.

### What's the Scoop?
- **Change of Heart:** Coinbase CEO Brian Armstrong is now publicly endorsing the CLARITY Act, aligning with Treasury Secretary Scott Bessent’s recent rallying cry for faster crypto regulation. Coinbase had previously [withheld](https://www.theblock.co/post/385704/coinbase-pulled-support-what-happened) its support from the legislation due to concerns around stablecoin provisions and expanded SEC oversight, which remain outstanding.
- **Building Momentum: **U.S. agencies are already actively developing regulations for crypto assets without the assistance of CLARITY. Banking system regulators have [proposed](https://www.bankless.com/read/news/treasurys-fincen-and-ofac-release-proposed-genius-act-guidelines) new rulemaking for stablecoins under the GENIUS Act, meanwhile, the SEC and CFTC continue to [define](https://www.bankless.com/read/decoding-the-secs-token-taxonomy) how federal securities and commodities laws apply to digital assets.

> We agree. Thank you [@SecScottBessent](https://twitter.com/SecScottBessent?ref_src=twsrc%5Etfw) for saying it. It's time to pass the Clarity Act.Grateful for all the bipartisan work among Senators and staff over the past several months to make this a strong bill. [https://t.co/jHoZ1bfLVZ](https://t.co/jHoZ1bfLVZ) [pic.twitter.com/YBKebDkq8B](https://t.co/YBKebDkq8B)— Brian Armstrong (@brian_armstrong) [April 10, 2026](https://twitter.com/brian_armstrong/status/2042395055349231820?ref_src=twsrc%5Etfw)