Coinbase CEO Brian Armstrong 'Bullish' On Getting Key Crypto Legislation Passed By Year-End: 'We're 90% There'
Coinbase CEO Brian Armstrong 'Bullish' On Getting Key Crypto Legislation Passed By Year-End: 'We're 90% There'
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong expressed optimism on Thursday about the future of cryptocurrency regulations in the U.S., noting that both Democrats and Republicans are on the same page. Armstrong Indicates Bipartisan Support For Crypto Bill In an X post, Armstrong said that despite the government shutdown, the momentum for market structure legislation is at an “all-time high.
Article Summary
Coinbase CEO Brian Armstrong expressed strong confidence in cryptocurrency regulation progress, stating lawmakers are "90% there" on passing crucial crypto legislation by year-end. The bullish outlook comes amid unprecedented bipartisan support for market structure bills, with both Democrats and Republicans aligning on cryptocurrency policy framework. Armstrong's optimistic stance highlights growing momentum in the digital asset space, despite ongoing government shutdown concerns. The Coinbase executive emphasized that regulatory clarity could unlock significant growth potential for Bitcoin, blockchain technology, and the broader cryptocurrency ecosystem. This legislative breakthrough would provide much-needed regulatory framework for crypto exchanges, DeFi protocols, and digital asset trading platforms. Clear regulations could boost institutional adoption, enhance market stability, and position the United States as a global leader in cryptocurrency innovation. The potential passage of comprehensive crypto legislation represents a pivotal moment for the industry, potentially impacting Bitcoin prices, altcoin markets, and blockchain development. Investors and crypto enthusiasts are closely monitoring congressional progress as regulatory clarity remains a key catalyst for mainstream cryptocurrency adoption and market expansion.
