
{"id":131709,"date":"2026-02-02T14:18:42","date_gmt":"2026-02-02T14:18:42","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=131709"},"modified":"2026-02-02T14:18:42","modified_gmt":"2026-02-02T14:18:42","slug":"99bitcoins-exclusive-clarity-act-will-pass-coinbase-research-chief-bullish-as-wall-street-and-crypto-titans-descend-on-dc","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=131709","title":{"rendered":"99Bitcoins Exclusive: \u201cCLARITY Act Will Pass\u201d Coinbase Research Chief Bullish as Wall Street and Crypto Titans Descend on DC"},"content":{"rendered":"<p>Today, 2 February 2026, White House crypto czar David Sacks is set to host banking and crypto trade groups, along with Coinbase, to\u00a0 discuss the CLARITY Act or the Digital Asset Market Clarity Act of 2025. Meanwhile, the Securities and Exchange Commission (SEC) Chair, Paul Atkins, has been pressing Congress to pass the CLARITY Act. The Bill passed the House of Representatives back in 2025, but has remained stuck since.<\/p>\n<p>In an exclusive chat with <em>99Bitcoins.com<\/em>, David Duong, Head of Global Research, Coinbase Institutional said that he is optimistic that the bill will pass in 2026! <span>\u201cI think that we\u2019ve already gotten stablecoin oversight. Market structure clarity is going to emerge too,\u201d Duong insisted.\u00a0<\/span><\/p>\n<p><span>\u201cI think that a lot of people have kind of conflated the idea of the market structure bill and the opposition on it towards just stablecoin rewards. And I think that it\u2019s much bigger than that.\u201d<\/span><\/p>\n<p><span>\u201cPrediction markets have gone from like 20% odds that the Crypto Marcket Structure Bill will be pass, to 40% to 60%. It\u2019s definitely tracking the progress in terms of people. I think a lot of people were very worried that everyone\u2019s left the table, all the key players were kind of gone, and that wasn\u2019t the case.\u201d<\/span><\/p>\n<p><strong>No one has walked away from this. I think there\u2019s still bipartisan support for this.<\/strong><\/p>\n<p><span>\u201cCoinDesk Author Austin Campbell and I were chatting about this and I remember we went around the table and everyone was like, does anyone think that this is going to get passed in 2026? And everyone except for me said no. I was the lone person who said I still think that it\u2019s possible and I don\u2019t speak for Coinbase on this. I speak for myself in seeing that I think the opportunities here are still around.\u201d<\/span><\/p>\n<p> SEC CHAIR PAUL ATKINS IS PRESSING CONGRESS TO PASS THE CLARITY ACT NOW.<\/p>\n<p>\u201cIt\u2019s really crucial for Congress at this moment in time to step forward and come up with crypto legislation.\u201d<\/p>\n<p>That\u2019s not a casual comment.<br \/>That\u2019s the head of the SEC admitting the current framework\u2026 <a href=\"https:\/\/t.co\/zfo7sumbLF\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/zfo7sumbLF<\/a><\/p>\n<p>\u2014 Crypto Tice (@CryptoTice_) <a href=\"https:\/\/twitter.com\/CryptoTice_\/status\/2018263124663525824?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">February 2, 2026<\/a><\/p>\n\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/clarity-act-stablecoin-yield-fight\/\">CLARITY Act Sparks Fight Over Stablecoin Yield and Your Dollars<\/a><\/strong><\/p>\n<h2><strong>\u201cYes, there are challenges!\u201d<\/strong><\/h2>\n<p><strong>It became more of a Christmas tree kind of bill where people were hanging different policy initiatives on it. And I don\u2019t think that was what the industry itself wanted.<\/strong><\/p>\n<p>Acknowledging the challenges in the way of the bill, he said, \u201cThere are six big principal like issues at stake here but I think that there\u2019s also a lot of compromise that people are starting to offer here.\u201d<\/p>\n<p><span>\u201cI\u2019m optimistic, yes. A lot of people conflate this with a red and blue issue. They think that this is very partisan, that the Democrats think one way and the Republicans think another. In the past, I said if you look at it not as a partisan issue if you look at Congress and how it\u2019s divided on pro-crypto versus like anti-crypto kind of sentiment there\u2019s 289 pro-crypto members of the House of Representatives there\u2019s 59 pro-crypto senators. But definitely there\u2019s about four neutral senators as well. So, the way I see it is there\u2019s actually<\/span> <span>a lot of support for this.\u201d<\/span><\/p>\n<p><strong>People want to have thoughtful regulation, which is a good thing. Just what\u2019s happened with this particular market structure bill is that we strayed a little bit from the intent.<\/strong><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\">20+ Next Crypto to Explode in 2026<\/a><\/strong><\/p>\n<h2><strong>\u201cWe Will Eventually Get Market Structure Clarity\u201d<\/strong><\/h2>\n<p><span>\u201cI think that clear regulatory frameworks are definitely unlocking institutional participation. That\u2019s going to continue. We are transforming these compliance hurdles from a barrier into an enabler,\u201d said Duong. \u201cSo, we will eventually get market structure clarity. I have no doubt about that. This is something I stand very firm on. And again, I speak more for myself than Coinbase.\u201d<\/span><\/p>\n<p><strong>\u00a0If we do not get on this now, like we are going to be falling behind. And I think this administration knows it. I think this Congress knows it. <\/strong><\/p>\n<p><span>\u201cI think that we\u2019ve already gotten stablecoin oversight. Market structure clarity is going to emerge too. And it will be a force function for Wall Street to enter into crypto. And we\u2019re seeing that. We saw the headlines coming out of Morgan Stanley at the end of last year, for example, saying that \u201cour RAs\/PMs are allowed to actually enter crypto and recommend crypto.\u201d<\/span><\/p>\n<p><strong><span>DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"><span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2026<\/span><\/a><\/strong><\/p>\n<p><span>    <\/span><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span><br \/>\n        <\/span><\/p>\n<p><span><br \/>\n        <\/span><span> Reports suggest the White House meeting today is specifically trying to broker a compromise on Section 404 to get the bill moving again.<\/span><\/p>\n<p><span><br \/>\n    <\/span><\/p>\n<p><span><br \/>\n         Importantly, the market wants the CLARITY Act to pass because it ends the regulation by enforcement era.<\/span><span><br \/>\n<\/span><span><br \/>\n    <\/span><\/p>\n<p><span><br \/>\n    <\/span><\/p>\n<p><span>    <\/span><\/p>\n<\/div>\n<p>    <\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/99bitcoins-exclusive-clarity-act-will-pass-coinbase-research-chief-bullish-as-wall-street-and-crypto-titans-descend-on-dc\/\">99Bitcoins Exclusive: \u201cCLARITY Act Will Pass\u201d Coinbase Research Chief Bullish as Wall Street and Crypto Titans Descend on DC<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Today, 2 February 2026, White House crypto czar David Sacks is set to host banking and crypto trade groups, along with Coinbase, to\u00a0 discuss the CLARITY Act or the Digital Asset Market Clarity Act of 2025. Meanwhile, the Securities and Exchange Commission (SEC) Chair, Paul Atkins, has been pressing Congress to pass the CLARITY Act. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131709","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131709"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131709"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131709\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}