Article Summary

**Coinbase CEO Optimistic About Crypto Market Structure Bill Passing Before Thanksgiving** Coinbase CEO Brian Armstrong has expressed strong confidence that the highly anticipated Crypto Market Structure Bill could advance through the Senate before Thanksgiving, citing unprecedented bipartisan support for cryptocurrency legislation. The digital asset industry leader revealed that an impressive 90% of the legislative framework has already received consensus approval from lawmakers. This breakthrough development signals a potential regulatory turning point for the cryptocurrency market, including Bitcoin, Ethereum, and the broader blockchain ecosystem. The bipartisan cooperation represents a significant shift in Washington's approach to digital assets, DeFi protocols, and cryptocurrency regulation. Armstrong emphasized that final negotiations between senators and cryptocurrency industry executives are focusing on remaining technical details, suggesting swift resolution. The proposed legislation could establish clearer regulatory frameworks for crypto exchanges, digital asset trading, and blockchain technology companies. Market analysts view this regulatory clarity as potentially bullish for cryptocurrency prices and institutional adoption. The bill's passage could reduce regulatory uncertainty that has historically impacted crypto market volatility, potentially benefiting major cryptocurrencies and fostering innovation in decentralized finance sectors. This legislative progress represents a crucial milestone for mainstream cryptocurrency acceptance and regulatory compliance.