The U.S. Crypto Markets Structure Act (CLARITY) has sparked sharp debate among industry leaders. Coinbase’s Brian Armstrong warns against supporting a “bad bill,” while others—including Kraken, Ripple, and a16z crypto—urge compromise to secure rare bipartisan progress.

Policy experts caution that delaying could mean losing the most favorable political climate for crypto regulation. With uncertainty threatening developers and platforms, many believe that even an imperfect framework today is better than facing harsher rules tomorrow.