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Coinbase CEO Armstrong 'optimistic' stablecoin legislation can pass Senate despite pushback
Coinbase CEO Brian Armstrong said Wednesday he is "optimistic" a bill establishing rules for stablecoins could gain passage in the Senate as soon as this week, despite recent pushback that forced lawmakers to redouble their efforts. "I'm actually pretty optimistic this bill can get done," Armstrong told Yahoo Finance in a Wednesday interview while on Capitol Hill in Washington, D.C. "There's a lot of urgency on both sides of the aisle to see this come to fruition." A highly anticipated vote on long-awaited stablecoin legislation in the Senate broke down last week after Democrats balked at how President Trump and his ... (full story)
