Brian Armstrong: SEC Advances Token Classification, Calls for Swift Passage of the CLARITY Act

Odaily Planet Daily News: Brian Armstrong posted on X, expressing appreciation for the progress made by Paul S. Atkins and the SEC on token classification, calling it a long-awaited step toward modernizing the financial system. He stated that he has been calling for clear cryptocurrency rules for years, and that token classification is exactly the measure the U.S. needs to maintain innovation. Brian Armstrong also said he looks forward to the SEC issuing an Innovation Exemption to facilitate on-chain trading of tokenized stocks. He noted that related progress is underway and that the CLARITY Act should be pushed for passage as soon as possible, moving the market on-chain before other regions take the lead.