Coinbase CEO Armstrong Says WSJ Preparing Report Blaming Him for CLARITY Act Failure

The fight is no longer just about the bill's substance but about who gets blamed for its collapse — and Armstrong is pre-emptively framing the narrative before the WSJ publishes. His distinction between the January draft and the later version he supports matters, because it suggests the sticking points were DeFi, tokenization, CFTC authority and stablecoin rewards rather than opposition to the CLARITY Act itself. The open question is whether the reported coverage shifts the blame onto Coinbase or keeps attention on the bank lobbying pressure Armstrong cites.