{"id":48915,"date":"2026-07-31T19:12:37","date_gmt":"2026-07-31T19:12:37","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=48915"},"modified":"2026-07-31T19:12:37","modified_gmt":"2026-07-31T19:12:37","slug":"younger-democrats-understand-clarity-act-and-bill-should-pass-says-coinbases-chief-policy-officer","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=48915","title":{"rendered":"Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase\u2019s Chief Policy Officer"},"content":{"rendered":"

Bitcoin Magazine<\/a>
\n
\nYounger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase\u2019s Chief Policy Officer<\/a><\/p>\n

<\/div>\n

The Clarity Act will likely get through despite some \u2014 older \u2014 Democrats holding it back, according to Coinbase\u2019s Chief Policy Officer, Faryar Shirzad.\u00a0<\/p>\n

Speaking on The Hill\u2019s morning Rising <\/em>show Friday, Shirzad said<\/a> that crypto was \u201cmaybe the most bipartisan issue in Washington.\u201d\u00a0<\/p>\n

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JUST IN: \"\ud83c\uddfa\ud83c\uddf8\" Coinbase Chief Policy Officer talks CLARITY ACT progress on The Hill:<\/p>\n

“”We’ve got ethics nailed down, we’ve got nominations nailed down, we’ve got a bipartisan bill on the substance, we should be good to go” \"\ud83d\udc4f\" pic.twitter.com\/gMKuM7ujYs<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) July 31, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

He added that while some lawmakers were holding back the long-awaited legislation, younger Democrats got it.\u00a0<\/p>\n

\u201cA lot of the opposition is generational \u2014 so it is Democrats who oppose it \u2014 but I think younger members who understand the technology, understand that money is transforming how we should engage financially, how we need to adapt, and so it\u2019s really a generational shift,\u201d he said.\u00a0<\/p>\n

\u201cI think we\u2019ll be on the winning end of that because right now there are about 67 million Americans who own crypto,\u201d Shirzad added. \u201cWe\u2019ve got ethics nailed down, we\u2019ve got nominations nailed down, we\u2019ve got a bipartisan bill on the substance, we should be good to go.\u201d<\/p>\n

Lawmakers are currently mulling over the latest draft of the Clarity Act<\/a>, which aims to set in stone digital asset regulation. The latest draft bans officials and their families from issuing or promoting crypto.\u00a0<\/p>\n

A new draft started circulating this month, banning officials and their families from issuing or promoting crypto \u2014 something opposition lawmakers previously had issue with.\u00a0<\/p>\n

But some Democrats are still unhappy with the bill in its current form. A group of Democrats last week said<\/a> in a statement that the bill in its current form falls short.\u00a0<\/p>\n

The bill has been in a deadlock this year, partially because banking chiefs raised concerns over stablecoin yield and ethics concerns.\u00a0<\/p>\n

Banking lobbyists have said that if crypto exchanges pay attractive yields to customers, banks could lose their deposit base.\u00a0<\/p>\n

Shirzad previously said in an interview that the bill was an \u201cextraordinarily bipartisan\u201d piece of work.\u00a0<\/p>\n

If approved, the bill would set in stone crypto regulation in the world\u2019s largest economy.<\/p>\n

This post Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase\u2019s Chief Policy Officer<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase\u2019s Chief Policy Officer The Clarity Act will likely get through despite some \u2014 older \u2014 Democrats holding it back, according to Coinbase\u2019s Chief Policy Officer, Faryar Shirzad.\u00a0 Speaking on The Hill\u2019s morning Rising show Friday, Shirzad said that crypto was \u201cmaybe the […]<\/p>\n","protected":false},"author":1,"featured_media":48916,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-48915","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\nYounger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase\u2019s Chief Policy Officer - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=48915\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Younger Democrats Understand Clarity Act And Bill Should Pass, Says Coinbase\u2019s Chief Policy Officer - 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