Coinbase Chief Policy Officer: Cryptocurrency Voter Application Ballot Strikes Back at Legislators Opposing the CLARITY Act

Coinbase Chief Policy Officer Faryar Shirzad commented on the failure of the CLARITY Act to pass a key procedural vote, stating that the U.S. Congress has given their answer: the legislative path is blocked, and there should be no further expectations. The SEC and CFTC, the two major regulatory agencies, can issue clear regulatory rules using their existing authority.

With about seven weeks until the midterm elections, crypto voters should use their ballots to retaliate against the lawmakers who voted no.