VanGrack, a former SEC official, framed the Clarity Act as an overdue set of rules rather than a giveaway. Clarity Act updatesThe House passed its version of the Clarity Act last year, and attention has shifted to the Senate, where the path to 60 votes remains the central hurdle. Dimon, for his part, has declared war on the Clarity Act and aimed a crude insult at Coinbase CEO Brian Armstrong, a reminder that the détente carries friction. He closed on the case for Clarity Act passage. “So whether you love crypto or hate crypto, you should want” the Clarity Act.