Coinbase CEO Brian Armstrong has met with 25 U.S. senators over a two-day period to advocate for clear digital asset regulations. This initiative highlights increasing bipartisan support for crypto legislation, with Armstrong noting that lawmakers are nearing a breakthrough in market structure clarity. Despite a government shutdown, negotiations are reportedly 90% complete, with potential committee action anticipated before Thanksgiving.
Armstrong emphasized the importance of establishing robust rules to protect consumers and encourage innovation. He also advocated for onchain capital formation, which he believes could enhance efficiency and transparency in fundraising processes.
Coinbase CEO Engages 25 Senators to Advance U.S. Crypto Regulation
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