CLARITY Act Odds Spike to 90% as Coinbase CEO Confirms “Great Progress” On Crypto Bill

The chances of the CLARITY Act being passed have jumped on prediction markets after new statements from Coinbase CEO. Brian Armstrong said that negotiations on the crypto bill have made major progress since the talks began.

Coinbase CEO Hints at CLARITY Act Progress

Polymarket data shows that traders are more confident on the passage of the crypto bill into law in 2026. The chances of the crypto bill being approved have now risen from 60% to 90%.

In a recent interview with CNBC, Armstrong said that there has been “great progress” on negotiations for the CLARITY Act. This is particularly important, as Coinbase was the first opposer of the crypto bill draft that was set to go to markup in January. The CEO stated that they are now down to a few issues left to discuss.

Market structure is making great progress, and I believe we're going to reach a win-win-win outcome.

A win for the crypto industry.
A win for the banks.
And, most importantly, a win for the American consumer. pic.twitter.com/t0WM3XUZX4

— Brian Armstrong (@brian_armstrong) February 18, 2026

Armstrong also pointed out the Senate Banking Committee’s attempt to ensure that the crypto bill passes as soon as possible.

“The Senate have been incredible on this, they are meeting daily as far as I can tell to get this over the line,” he said. “There’s now a path forward where we can get a win-win-win outcome here. A win for the crypto industry, a win for the banks, and a win for the American consumer to get President Trump’s crypto agenda through to the finish line.”

Senator Bernie Moreno was also in the interview and projected April as a timeline for the CLARITY Act approval. “We are going to get this across the finish line, hopefully by April,” he said.

This is in close conjunction with the Ripple CEO’s prediction. Brad Garlinghouse recently said that there is an 80% chance that the crypto bill will hit the President’s desk in April.

White House Meeting Reportedly Set for Thursday

Crypto execs and banks are reportedly going to meet again on Thursday to address the current impasse on the crypto bill and the debate on stablecoin yields.

According to Eleanor Terrett, a journalist, another CLARITY Act meeting is likely to happen on February 19. However, she said nothing has been confirmed yet. Only a little over one week is left before the end-of-month deadline starts to apply for the banking and crypto industry to come up with the final terms.

🚨NEW: Two sources familiar with the matter tell me the White House is considering another stablecoin yield meeting between banks and crypto representatives Thursday, though no plans have been finalized. https://t.co/Og3OooHaQr

— Eleanor Terrett (@EleanorTerrett) February 17, 2026

This is in the wake of a statement by Patrick Witt, the executive director of the White House Crypto Council, who said that another meeting may happen as early as this week, but did not specify the day.