Coinbase CPO Claims Senate Will Vote on Crypto Bill… Next Month?!

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In a stunning turn of events, Coinbase’s Chief Policy Officer, Faryar Shirzad, announced that the CLARITY Act is finally moving-probably. Or maybe not. Who knows? It’s been stuck in Congress for five months, which is longer than your average TikTok trend. Shirzad, ever the optimist, claimed that “really great work” is happening, which is just a fancy way of saying “we’re still trying to figure this out.”

Potential Markup As Early As This Month

Shirzad’s glowing report came as a surprise to no one, especially since the bill has been “stuck” for nearly half a year. He also mentioned Coinbase’s obsession with “stablecoin rewards,” which sounds like a luxury cruise for digital assets. Meanwhile, Chair Tim Scott is allegedly “scheduled” to move things along, though the term “scheduled” is loosely defined here.

When asked about the “deadlock” on stablecoin rewards, Shirzad cited a White House study that supposedly proved “deposit flight” isn’t a thing. Because nothing says “serious policy” like a study that’s as credible as a fortune cookie. Banking lobbyists, of course, are still “trying to oppose stablecoins,” which is like trying to stop a hurricane with a paper umbrella.

Shirzad insisted the resistance is all about defending Trump’s “vision” for crypto, which he claims aims to make America the “crypto capital of the world.” A title that’s probably more of a joke than a real plan, but hey, if the president says it, it must be true.

CLARITY Act Timeline Watch

Shirzad’s comments align with the latest news, which is about as reliable as a weather forecast in a tornado. Reporters say the Senate Banking Committee is “finalizing” the CLARITY Act, which means they’re probably still arguing over whether “tokenization” is a type of cheese. Meanwhile, Ripple’s Brad Garlinghouse is betting everything on May, which is the same month Congress usually remembers it exists.

Sometime this week, Senator Thom Tillis plans to release the “stablecoin yield compromise,” which is a phrase that sounds like a middle school drama. But don’t get too excited-Crypto In America warns that the timeline could shift “depending on when the CLARITY Act markup is scheduled.” Because nothing says “urgency” like a bill that’s always “next month.”

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2026-04-17 02:44