Disagreements Surrounding U.S. Cryptocurrency Bill: Kraken and Ripple Challenge Coinbase's Withdrawal of Support

In the U.S. cryptocurrency industry, there has been dissent following Coinbase CEO Brian Armstrong's withdrawal of support for the cryptocurrency market structure bill, known as the Clarity Act. For instance, Kraken's co-CEO Arjun Sethi has expressed full support for the advancement of the market structure bill. He noted that reaching this stage required years of bipartisan, continuous efforts. The remaining challenges do not signify a failure of these efforts, but rather underscore the complex task of governance.