Where Crypto Goes From Here Without The Clarity Act, According to Coinbase's Brian Armstrong
Money Rehab with Nicole Lapin

Where Crypto Goes From Here Without The Clarity Act, According to Coinbase's Brian Armstrong

B2Upper-intermediateSeptember 18, 202653 min
  • Interview
  • Business & money

Brian Armstrong is the CEO and co-founder of Coinbase, the largest crypto exchange in the U.S. and the first crypto company to crack the S&P 500. He joins Nicole on the exact day Congress failed to pass the Clarity Act, a bill Coinbase has spent millions lobbying for, to break down what it actually means for anyone who owns crypto, or even just an index fund. Brian explains why he still believes regulatory clarity for crypto is coming either way, what percentage of a portfolio he thinks should be in Bitcoin, and the real difference between...

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0:00

80% of crypto trading has actually moved offshore because the US is a bit late on this. If the US doesn't kind of get clear rules out soon, the future of financial services goes outside the United States. It's essentially a loss of American soft power. Brian Armstrong is the CEO and co-founder of Coinbase, the largest crypto exchange in the US

0:18

and the first crypto company to crack the S&P 500. He joins Money Rehab on the day the Clarity Act is being voted on. That's a bill he's invested millions of millions of dollars in to see pass. It's disappointing that the Senate didn't vote for it after so much bipartisan

0:33

work went into it. The reality is that regulatory clarity is coming for crypto either way. Why he thinks Bitcoin could reach $400,000. If you look at the history of Bitcoin, it tends to go through these four year

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