Coinbase CEO Brian Armstrong says crypto legislation is closer to passage, crediting Senate support and 3.7 million Stand With Crypto advocates.
Coinbase CEO Brian Armstrong announced on May 13 that crypto-focused legislation has advanced significantly in the Senate, describing the bill as strong and beneficial for the American financial system. Armstrong credited the Senate, its staff, and 3.7 million Stand With Crypto advocates for pushing the legislation forward. The bill aims to make the U.S. financial system faster, cheaper, and more accessible while positioning the country to lead in building next-generation financial infrastructure.
Armstrong’s post marks a milestone in the crypto industry’s push for regulatory clarity, a key priority for exchanges and digital asset firms operating in the U.S. The Stand With Crypto initiative, launched by Coinbase, has mobilized grassroots support for pro-crypto legislation. The endorsement from a major crypto exchange executive signals momentum for the bill as it moves through the legislative process.
Sources: Brian Armstrong (Twitter/X)
This article was generated automatically by The Defiant’s AI news system from publicly available sources.