$JIMOTHY
Cooling DownSnapshot Window: 2026-07-19 02:00 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
【Important】 Coinbase executive makes statement “The CLARITY Act is ‘nearly ready to pass’” And furthermore… JP Morgan also wants to enter All other major banks are “eager” to get into crypto So what does that mean? The possibility of “massive money” that’s [Spoken audio]: Well, this will be actually the biggest financial regulatory bill the Congress has done in quite some time, certainly since Dodd-Frank. But what this does actually is it creates clarity for the crypto sector. But interestingly, you know, notwithstanding the concerns from the banks, it actually creates a broad range of new powers for the banks. In fact, this will be the first piece of legislation since the 90s that gives the banks new authorization to get into the crypto space. I know JP Morgan wants to get into it. Every other big bank wants to get into the crypto sector. We are welcome their entry. We work with many of them in helping them build the services that they want to offer their customers. So it's a big, important piece of legislation. It's transformational in its nature, and we're very close to getting it done.
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