Brian Armstrong: The U.S. Needs the Clarity Act to Define Clear Rules for the Crypto Industry

According to Odaily, Brian Armstrong posted on X, stating that one of the simplest ways to explain cryptocurrency is that it provides faster, cheaper, and more efficient financial services. The traditional financial system was born around the 1970s, and in some cases still runs on outdated mainframe computers today. This is why basic functions such as weekend transfers or low-cost wire transfers remain unavailable. The U.S. needs the Clarity Act to lead the industry with clear rules, rather than letting outdated systems and uncertainty prevail.