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Coinbase CEO says CLARITY Act will protect crypto users from another FTX collapse

Published

20 August 2026

Topic

regulatory

Sectors

Fintech

Geography

United States

Source

Read at cbsnews.com

Verified

Fusion42 · 21 August 2026 · Fusion42 review

The proposed bipartisan CLARITY Act aims to create a regulatory framework for cryptocurrency in the U.S., enhancing consumer protections and preventing incidents like the FTX collapse by granting joint oversight to the SEC and CFTC.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

You face a new crypto rulebook backed by powerful regulators that could reshape how you build compliance and consumer protections. This opens a rare window to lead in regulated crypto products before competitors adjust.

Coverage

1 source · 20 Aug 2026

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Topics

Fintechcrypto-regulationconsumer-protectionSECCFTCclarty-act