According to CoinMeta, Brian Armstrong stated on platform X that The Wall Street Journal is preparing to report that the failure of CLARITY Act to pass is being attributed to Coinbase and himself. He mentioned that his opposition to the initial draft of the bill in January was due to issues regarding DEFI, tokenization, CFTC permissions, and stablecoin incentives. The revised draft has addressed these issues and was approved by the committee four months later. Armstrong supports the final draft of CLARITY Act that will be submitted to the Senate and will continue to push for cryptocurrency regulatory rules.