99Bitcoins Exclusive: “CLARITY Act Will Pass” Coinbase Research Chief Bullish as Wall Street and Crypto Titans Descend on DC

Today, 2 February 2026, the White House crypto czar David Sacks will host banking and crypto trading groups, as well as Coinbase, to discuss the CLARITY Act or the Digital Asset Market Clarity Act of 2025. Meanwhile, the Chairman of the Securities and Exchange Commission (SEC), Paul Atkins, has been pressuring Congress to pass the law. The bill passed the House of Representatives back in 2025, but has been stalled since then.

In a special interview no 99Bitcoins.comDavid Duong, Head of Global Research, Coinbase Institutional said he hopes the bill will pass in 2026! “I think we have already achieved stablecoin oversight. The clarity of the market structure will also emerge,” Duong emphasized.

“I think a lot of people have confused the concept of the market structure bill and the opposition to it in terms of stablecoin rewards. And I think it’s much bigger than that.”

“Prediction markets have gone from 20% odds that the Crypto Market Structure Bill will be passed, to 40% to 60%. It’s tracking progress by looking at people. I think a lot of people were very worried that everybody left the table, all the important players left, and that’s not the case.”

No one has gone this far. I think there is still bipartisan support for this.

“CoinDesk writer Austin Campbell and I were talking about this and I remember we were around the table and everyone was like, does anyone think this is going to be successful in 2026? And everyone but me said no. I was the only one who said I still think it’s possible and I’m not speaking for Coinbase on this. I’m speaking for myself because I think there’s an opportunity here.”

SEC CHAIRMAN PAUL ATKINS URGES CONGRESS TO PASS CLARIFICATION ACT NOW.

“It is very important that Congress right now move forward and come up with crypto legislation.”

It’s not just an idea.
That’s the SEC head approving the current draft… pic.twitter.com/zfo7sumbLF

– Crypto Tice (@CryptoTice_) February 2, 2026

Check: CLARITY Act Sparks Fight Over Stablecoin Yield and Your Dollars

“Yes, there are challenges!”

It was a Christmas tree type bill where people were hanging different policy plans on it. And I don’t think that’s what the industry itself wanted.

Acknowledging the challenges in the form of this bill, he said, “There are six principals who are facing problems here but I think there is a lot of consensus that people are just starting to do here.”

“I’m optimistic, yes. A lot of people combine this with a red and blue issue. They think that this is very mixed, that the Democrats think one way and the Republicans think another. In the past, I said if you don’t look at it as a partisan issue if you look at Congress and how it’s divided in pro-crypto versus anti-crypto-crypto kind of House sentiment of 29 Representatives there are 59 pro-crypto senators but definitely there are senators four are neutral great support for this.”

People want to have thoughtful regulations, which is good. What has happened with this market structure bill is that it has gone slightly off target.

DISCOVER: 20+ Next Crypto to Explode in 2026

“Finally We’ll Get Market Structure Clarity”

“I think clear regulatory frameworks definitely open up institutional participation. That will continue. We’re turning these compliance barriers from an obstacle into an enabler,” said Duong. “So, eventually we will get clarity on the market structure. I have no doubt about that. This is something I am strong about. Also, I am speaking more for myself than for Coinbase.”

If we don’t get into this now, we’re going to fall behind. And I think these managers know it. I think this Congress knows it.

“I think we’ve already got stablecoin oversight. Market structure clarity will come as well. And it’s going to be a compelling activity for Wall Street to get into crypto. And we’re seeing that. We’ve seen headlines from Morgan Stanley at the end of last year, for example, saying “our RAs/PMs are allowed to actually invest in crypto and recommend crypto.”

GET: The Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x by 2026

99Bitcoins Exclusive Post: “Clear Law Will Pass” Coinbase Research Chief Bullish as Wall Street and Crypto Titans Descend from DC appeared first on 99Bitcoins.