# Coinbase exec says Clarity Act near approval, urges regulation

**Published:** 2026-07-22T18:12:28.777Z  
**Topic:** Coinbase  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/699e5e4f-1d21-4572-809c-362d4e39ab3d

Coinbase vice chair Ryan VanGrack says the Clarity Act is 40.5% likely to pass by 2026, urging both supporters and skeptics to back crypto regulation.

Ryan VanGrack told Fox Business that the Clarity Act is “on the one‑yard line,” with market odds now at a 40.5% chance of becoming law by the end of 2026, signalling growing confidence that a federal crypto framework is imminent【1】.  

| At a glance | |
|---|---|
| Legislative odds | 40.5% chance of passage by end‑2026 |
| Senate status | Advanced by Senate Banking Committee, 15‑9 vote |
| House action | Passed version last year |
| Catalyst | VanGrack’s public endorsement on Fox Business |

## Senate momentum and bill details  
The Clarity Act, designed to split oversight of digital assets between the SEC and CFTC, cleared the House last year and was pushed forward by the Senate Banking Committee with a 15‑9 vote this spring, including two Democrats crossing party lines【2】. VanGrack, a former SEC official, framed the legislation as “overdue” rather than a giveaway, emphasizing that it would impose the first comprehensive federal rules on the crypto industry【2】. Market pricing reflects this progress, with prediction‑market odds rising to 40.5% for a 2026 enactment, up from earlier, less‑certain estimates【1】.

## Industry reaction and broader implications  
VanGrack highlighted recent “bank and institutional deals” as evidence that traditional finance is converging with crypto, citing partnerships such as JPMorgan’s collaboration with Coinbase and the bank’s acceptance of bitcoin as loan collateral【2】. He argued that regulation would benefit investors, innovators, and standards alike, and that the bill already includes consumer‑protection enhancements like an illicit‑finance framework and safeguards against insider trading【2】. While the legislation does not alter the fundamental classification of crypto as a commodity or security, it would cement the existing registration, examination, and surveillance structures from the House version【2】.

## What to watch  
- Senate floor vote: any movement toward the 60‑vote threshold needed for passage.  
- Potential concessions: further consumer‑protection amendments or adjustments to the SEC/CFTC split.  
- Market reaction: price movements in major crypto assets if the bill clears the Senate or faces setbacks.  

The Clarity Act’s trajectory suggests that regulatory certainty may soon replace the current legal gray zone, but the final Senate vote and any last‑minute amendments will determine whether the framework materializes before the 2026 deadline.

## Sources
1. Crypto Briefing — [Coinbase exec: Clarity Act nearing final approval, could pass by 2026](https://cryptobriefing.com/coinbase-exec-clarity-act-nearing-final-approval-could-pass-by-2026/)
2. Bitcoin Magazine — [Coinbase Executive Says Clarity Act Has ‘Tremendous Momentum’ in the Senate](https://bitcoinmagazine.com/news/coinbase-executive-clarity-act-support)
3. Cryptoquorum — [Coinbase: Why Crypto Regulation Is Vital](https://cryptoquorum.com/coinbase-why-crypto-regulation-is-vital/)

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Cite as: TrendWatcher, "Coinbase exec says Clarity Act near approval, urges regulation", https://www.trendwatcher.in/article/699e5e4f-1d21-4572-809c-362d4e39ab3d