[Brian Armstrong: The U.S. Needs to Pass the 'Clarity Act' to Define Rules for the Crypto Industry] Odaily Planet Daily News - Brian Armstrong posted on the X platform, stating that one of the simplest ways to explain cryptocurrency is: cryptocurrencies provide faster, cheaper, and more efficient financial services. The traditional financial system was born around the 1970s and, in some cases, still operates on outdated mainframes. This is why basic functions like weekend transfers or low-cost wire transfers are still not achievable. The U.S. needs to pass the 'Clarity Act' to establish clear rules to guide the industry, rather than allowing outdated systems and uncertainty to prevail.