BREAKING: 🇺🇸 BILLIONAIRE COINBASE CEO BRIAN ARMSTRONG JUST SAID THE #BITCOIN CLARITY ACT IS EFFECTIVELY DEAD "WE CAN’T REALLY WAIT AT THIS POINT FOR THE SENATE TO ACT" "WE NEED TO GO TO THE REGULATORS" "IF ONE BRANCH ISN’T GOING TO DELIVER, ANOTHER CAN STEP UP" THE SEC AND... CFTC WILL DELIVER CLEAR RULES WE DON’T NEED CLARITY 🚀show more

Regulatory guidance will definitely move faster than legislation… but it probably won’t replace a law.

time to build around the red tape then. base szn doesn't wait on Washington.

Bitcoin Doesn't need or Care.

The Clarity Act should be called the Control and Surveillance Act

Anything that concerns Bitcoin never fades away easily. So will Bitcoin not die easily.

I don't buy SEC calling it dead. They've been dragging their feet forever. Brian's plea sounds like déjà vu

Armstrong says regulatory clarity can move forward without Congress. 👀 Now the SEC and CFTC are in focus. 🚀

The Clarity Act should be called the Control and Surveillance Act

Coinbase will pump btc

Trading legislative dead for regulatory uncertainty isn't the same as getting clarity. SEC/CFTC rules can change with administrations. Congress moving slow sucks, but rules writte

"can't wait for the senate" is just billionaire, speak for "the senate is on vacation and we have a launch to ship." regulators as plan B is a wild pivot though.

Interesting shift in strategy. If Congress stalls, regulators may become the main path for getting clearer crypto rules.

Regulatory guidance isn't clarity, it's permission that expires with the next administration Congress writes law. The SEC writes memos

Regulator pivot is Plan B for rails — not a bid. $BTC still filters on spot creations after ~$746M out Sep 15–16. SEC/CFTC can write rules. They can't refill ETF creations.