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Uncommon Interview: Coinbase’s Kara Calvert on Federal Crypto Legislation
['Nathaniel Rodwell-Simon']
Chicago Maroon
What would the Clarity Act change about the framework that exists now?
Or is your argument that there isn’t a framework right now, and if so, what would the Clarity Act put in place?
That’s the other thing that we frequently hear: “I don’t really know about this [digital asset], but I just hear it’s used for scams and fraud.”
So, it’s a really, really important function that these banks play.
’04) voted against advancing the Clarity Act when it was first under consideration by the Banking Committee.