Coinbase exec: US crypto market structure bill is progressing in the right direction

John D’Agostino, Head of Strategy at Coinbase, said the U.S. crypto market structure bill known as the CLARITY Act is moving in the right direction. In an interview with CNBC, D’Agostino described the bill as foundational legislation for the growth of real-world asset classes, including crypto. He acknowledged that the bill is taking time to pass, noting that it is significantly more complex than the stablecoin-focused GENIUS Act. While the GENIUS Act was not simple, he said its structure was less complicated than that of the broader market structure legislation.