Coinbase CEO Says Market Structure Bill Will Pass by Year-End Despite Government Shutdown

Coinbase CEO Says Market Structure Bill Will Pass by Year-End Despite Government Shutdown

By Coingape
Coinbase CEO Brian Armstrong has said he expects the long-awaited U.S. crypto market structure bill to pass by the end of the year. His comments come as the federal government shut down enters its thirty-third day.

Article Details

Coinbase CEO Brian Armstrong remains optimistic about cryptocurrency regulation, predicting the critical U.S. crypto market structure bill will pass by year-end despite the ongoing federal government shutdown entering its 33rd day. This landmark legislation could reshape the digital asset landscape for Bitcoin, Ethereum, and the broader cryptocurrency market.

Armstrong's confidence signals potential regulatory clarity for blockchain technology and decentralized finance (DeFi) platforms operating in America. The proposed bill addresses key concerns around crypto exchange regulations, digital asset classification, and trading frameworks that have long plagued the industry.

The extended government shutdown hasn't deterred the Coinbase executive's bullish outlook on regulatory progress. This crypto market structure legislation could provide much-needed legal frameworks for cryptocurrency trading, potentially boosting institutional adoption and investor confidence in digital assets.

For the cryptocurrency community, Armstrong's prediction represents hope for clearer regulatory guidelines that could eliminate uncertainty surrounding Bitcoin trading, DeFi protocols, and blockchain innovation. The bill's passage would mark a significant milestone in U.S. cryptocurrency policy, potentially influencing global crypto regulation and market dynamics across major exchanges.

Article Details

Market Sentiment
negative
Category
regulation
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Regulation#Market

Additional Information

0

Read the Full Article

Continue reading this article on Coingape

Read Full Article

Source: Coingape

Type: Article

Continue Reading

Stay informed with more cryptocurrency news and insights

Gemini Exchange Prepares for Prediction Market Contracts Launch: Bloomberg
generalPositive

Gemini Exchange Prepares for Prediction Market Contracts Launch: Bloomberg

Gemini crypto exchange is reportedly launching prediction market contracts to compete with dominant players such as Polymarket and Kalshi....

Cryptonews1 min
Mamdani Wins NYC Mayor's Race: Here's What the Crypto Predictions Markets Foretold
generalNeutral

Mamdani Wins NYC Mayor's Race: Here's What the Crypto Predictions Markets Foretold

With just over half the votes, Mamdani becomes NYC's next mayor after prediction markets and progressive groups rallied behind his campaign...

Decrypt1 min
Animoca Brands' Public Market Ambition Aims at Providing Crypto Access to 'Billions'
generalPositive

Animoca Brands' Public Market Ambition Aims at Providing Crypto Access to 'Billions'

Animoca announced its intention to list on Nasdaq through a reverse merger with Currenc Group on Monday morning, pledging to create a conglomerate tha...

Coindesk1 min
Gemini Moves Toward Prediction Markets in Bid to Broaden Its Business: Report
generalPositive

Gemini Moves Toward Prediction Markets in Bid to Broaden Its Business: Report

The firm's filing seeks approval to operate “Gemini Titan,” a designated contract market offering federally regulated event contracts....

Decrypt1 min
CZ pardon was considered with ‘utmost seriousness,' says White House
generalPositive

CZ pardon was considered with ‘utmost seriousness,' says White House

White House press secretary Karoline Leavitt says Donald Trump's pardon of Changpeng Zhao went through a “thorough review process” before the presiden...

Cointelegraph1 min
CZ pardon was considered with ‘utmost seriousness,' White House says
generalPositive

CZ pardon was considered with ‘utmost seriousness,' White House says

White House press secretary Karoline Leavitt says Donald Trump's pardon of Binance founder Changpeng Zhao went through a “thorough review process” bef...

Cointelegraph1 min