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

Odaily News: Brian Armstrong posted on the X platform, 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 The traditional financial system was born around the 1970s and, in some cases, still runs on outdated mainframe computers to this day. This is why basic functions like 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 The U.S. needs the Clarity Act to lead the industry with clear rules, rather than letting outdated systems and uncertainty prevail.