Coinbase assessed that bipartisan support has formed around the Clarity Act under discussion in the U.S. Congress and raised the possibility of an early vote.

Bitcoin Magazine, a blockchain outlet, reported on July 27 that Coinbase Chief Policy Officer Faryar Shirzad (파리야르 시르자드) said in an interview with Fox Business that the bill in its current form could win support from both Democrats and Republicans.

Shirzad argued that Democrats and Republicans are now at the point of advancing the bill together. He said, "This bill is a very bipartisan product," and added, "We are heading into final legislation, and I am glad to see it looks like it will pass." He said a vote could come as early as next week.

The bill is a regulatory measure that has been reviewed in the U.S. Congress since last year and includes provisions to clarify the framework for cryptocurrency regulation in law. A new draft has recently begun circulating that would ban public officials and their families from issuing or promoting cryptocurrencies. That provision has been one of the points raised by the opposition.

It is still uncertain whether the bill will be handled immediately. Some Democratic lawmakers issued a statement last week saying the current bill is not sufficient. The bill has remained deadlocked this year, and concerns by banking leaders over stablecoin interest-revenue structures and ethical issues have been cited as background.

The banking lobby believes that if cryptocurrency exchanges offer users high yields, banks' deposit base could be weakened. Shirzad countered that banks are already adopting cryptocurrency technology. He said that unlike Washington's bank lobby, major banks are rapidly introducing cryptocurrencies and stablecoins into their own systems and will adopt the technology over the long term.

He also stressed that banks' actual moves show the long-term direction. He said, "Even if Washington lobbyists resist change, the long-term plans of major banks are ultimately to adopt this technology," and added, "In the end it will be a direction that benefits everyone." Major U.S. banks including JPMorgan and Bank of America (BoA) are showing interest in blockchain-based stablecoin products or have already started launching them.

As a result, the core of the debate over the bill is focusing not only on clarity in crypto regulation but also on how to coordinate conflicting interests between traditional finance and the digital asset industry. The addition of a provision to prevent conflicts of interest among public officials has eased some arguments against it, but disagreements within the Democratic Party and banking-sector concerns remain. Whether and how the bill is put to a vote and handled is expected to be the next focal point.