Coinbase CEO: Clarity Act Could Prevent FTX-Like Events

Armstrong's framing ties the Clarity Act to a specific failure — FTX — which makes the argument about user protection rather than market structure, a distinction that matters when the debate is otherwise framed as industry-friendly deregulation. The claim is notable because it comes from an exchange CEO positioning clearer rules as a competitive and reputational asset, not a burden. Whether that framing gains traction with lawmakers, and whether other major exchanges echo or diverge from it, is the open question.