Ripple CEO Brad Garlinghouse(Brad Garlinghouse) expressed surprise at Coinbase's strong opposition to the Digital Asset Market CLARITY Act( and acknowledged that Coinbase CEO Brian Armstrong)Brian Armstrong('s concerns about tokenized stock restrictions and stablecoin incentives are "reasonable." Although Coinbase has withdrawn its support for the bill, Garlinghouse stated that Ripple, Circle, Kraken, and a16z are actively responding to the challenges posed by the bill.

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