Coinbase CEO Brian Armstrong says the company cannot support Senate Banking crypto bill as written

Coinbase CEO and co-founder Brian Armstrong said on Wednesday the company cannot support a draft legislation U.S. senators introduced earlier this week aimed at creating a regulatory framework for cryptocurrencies. The legislation, unveiled on Monday, seeks to define when crypto tokens are securities, commodities or otherwise and would also hand policing of ...

A fight over whether stablecoin holders can receive reward payments has taken center stage in a push to secure bipartisan support for a key cryptocurrency market bill and advance the legislation out of the Senate Banking Committee. Despite initially being addressed in the GENIUS Act, a stablecoin President Trump bill signed into law in July, the rewards ...

XRP dips as concerns over the Market Structure Bill trigger profit-taking and rotation into BTC and the broader crypto market. This week, the US Senate Banking Committee released its Market Structure Bill text ahead of the highly anticipated January 15 markup. However, the text received mixed reviews, weighing on the demand for XRP. Despite concerns over ...