Brian Armstrong: US Needs to Pass the Clarity Act to Define Clear Rules for the Crypto Industry

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 The traditional financial system was born around the 1970s, and in some cases still operates on outdated mainframe computers.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 The US needs to pass the Clarity Act to lead the industry with clear rules, rather than letting outdated systems and uncertainty prevail.