Coinbase CEO Says Being Added to S&P Proves Crypto Is Here to Stay

Coinbase Global Inc. CEO Brian Armstrong says being added to the S&P 500 Index proves crypto is here to stay. The company replaces Discover Financial Services in the index next week. He also talks about the expanded use of crypto payments and the status of a stablecoin regulation bill that is moving through the Senate. He speaks to Bloomberg's Sonali Basak.