Coinbase, Ripple executives met Lutnick over CLARITY Act hurdles

A group of senior U.S. crypto executives has met Commerce Secretary Howard Lutnick to discuss the CLARITY Act, including unresolved ethics provisions and ways the White House could help secure bipartisan support for the stalled market structure bill. Summary Coinbase, Ripple, Kraken and a16z executives met Commerce Secretary Howard Lutnick before Trump’s White House remarks. The meeting focused on the CLARITY Act, U.S. jobs and bringing crypto businesses back onshore. Ethics provisions remain among the obstacles to securing bipartisan support for the bill. The executives discussed how the White House could help lawmakers reach an agreement. Journalist Eleanor Terrett reported on X on Wednesday that Coinbase CEO Brian Armstrong, a16z crypto founder and managing partner Chris Dixon, Ripple CEO Brad Garlinghouse and Kraken co-founder Arjun Sethi held the meeting with Lutnick before President Donald Trump addressed crypto industry leaders at the White House. The discussion centered on passing the Digital Asset Market Clarity Act and the economic case the executives see for establishing federal rules for digital assets, according to Terrett, who cited two sources familiar with the meeti...