
{"id":97990,"date":"2025-09-19T11:16:19","date_gmt":"2025-09-19T11:16:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=97990"},"modified":"2025-09-19T11:16:19","modified_gmt":"2025-09-19T11:16:19","slug":"new-crypto-bill-coinbase-ceo-brian-armstrong-heads-to-washington-dc","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=97990","title":{"rendered":"New Crypto Bill: Coinbase CEO Brian Armstrong Heads to Washington DC"},"content":{"rendered":"<p>Coinbase CEO Brian Armstrong believes US crypto legislation finally has a shot at passing. After several days of meeting with lawmakers in Washington, Armstrong said the Digital Asset Market Clarity Act has \u201ca good chance of getting done.\u201d<\/p>\n<p>In recent years, Coinbase is where <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">BlackRock<\/a> stores its BTC while other US exchanges like Gemini or Kraken are a literal who.<\/p>\n<p>The bill seeks to clarify how digital assets are regulated, splitting oversight between the SEC, CFTC, and other agencies. It focuses particularly on <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">non-stablecoins<\/a> like tokenized equities.<\/p>\n<p>\u201cThis is how we ensure the crypto industry can be built here in America, driving innovation and protecting consumers, and making sure we never have another Gary Gensler trying to take your rights.\u201d \u2013 Brian Armstrong, Coinbase CEO<\/p>\n<h2>Coinbase And Stand With Crypto: Is Regulation About to Send Bitcoin to $150k? <\/h2>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/A4aJB7ow\/?symbol=NASDAQ%3ACOIN\" target=\"_blank\" rel=\"noopener\">TradingView<\/a>)Armstrong also urged retail investors to join the <a class=\"general-link\" href=\"https:\/\/www.standwithcrypto.org\/\" target=\"_blank\" rel=\"noopener\">Stand With Crypto<\/a> initiative, a grassroots platform that alerts users when to contact representatives. He framed it as a community-driven push, not just a corporate effort.<\/p>\n<p>ICYMI: SWC Community Director <a href=\"https:\/\/twitter.com\/512mace?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@512mace<\/a> recently spoke with <a href=\"https:\/\/twitter.com\/PunchbowlNews?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@PunchbowlNews<\/a> on the true weight of the crypto voter. <a href=\"https:\/\/t.co\/iTDu7FrtAh\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/iTDu7FrtAh<\/a><\/p>\n<p>\u2014 Stand With Crypto (@standwithcrypto) <a href=\"https:\/\/twitter.com\/standwithcrypto\/status\/1965176882556797133?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 8, 2025<\/a><\/p>\n\n<p>He said active participation would signal to lawmakers that constituents, not just companies, want a clear regulatory framework. Amen to that! Armstrong argued that this is a pivotal moment for the crypto industry that could prevent another wave of \u201chostile enforcement\u201d or unregulated scam chains like Terra Luna.<\/p>\n<p><strong><span>DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"><span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2>Banking Lobby Pushback Over Stablecoin Yields: Should You Be Worried?<\/h2>\n<p>One of the sharpest battles could involve stablecoins. Armstrong claimed that US banking groups tried to insert language into the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\">GENIUS Act <\/a>earlier this year that would have banned yield-bearing stablecoins outright. That attempt failed, but banking lobbies are still pressing lawmakers to curb interest-based stablecoin products.<\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/studio.glassnode.com\/charts\/82b988c9-9312-47c3-4d89-3c7dc64746f5\" target=\"_blank\" rel=\"noopener\">Glassnode<\/a>)<\/p>\n<p>Crypto wasn\u2019t just on Coinbase\u2019s agenda. Lawmakers also met with 18 Bitcoin executives, including <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/analysis\/top-crypto-stocks\/\" target=\"_blank\" rel=\"noopener\">Michael Saylor of Strategy<\/a> (formerly MicroStrategy), to discuss the BITCOIN Act sponsored by Sen. Cynthia Lummis.<\/p>\n<p>The proposal envisions the US acquiring one million Bitcoin over five years using \u201cbudget-neutral strategies\u201d like revaluing Treasury gold certificates and reallocating tariff revenues.<\/p>\n<p>\u201cThis has a good chance of getting done\u2026 it\u2019s a freight train leaving the station.\u201d \u2013 Brian Armstrong<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>Bullish Market Data And Why Regulation Could Be the Spark<\/h2>\n<p>Institutional data shows why this legislation matters. According to <a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/BitcoinOpenInterest\" target=\"_blank\" rel=\"noopener\">CoinGlass<\/a>, open interest in crypto futures has climbed steadily into September, while <a class=\"general-link\" href=\"https:\/\/defillama.com\/stablecoins\" target=\"_blank\" rel=\"noopener\">DeFiLlama<\/a> reports over $290 Bn in stablecoin liquidity sitting on the sidelines.<\/p>\n<p>For Armstrong, the stakes are high: seizing bipartisan momentum and enacting rules that balance consumer protection and innovation.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/singapore-denies-do-kwons-14m-refund-demand-for-stolen-penthouse\/\" target=\"_blank\" rel=\"noopener\">Singapore Denies Do Kwon\u2019s $14M Refund Demand For \u2018Stolen\u2019 Penthouse<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p>        Coinbase CEO Brian Armstrong believes US crypto legislation and Clarity Act finally has a shot at passing.    <\/p>\n<p>         For Armstrong, the stakes are to seize bipartisan momentum and lock down rules that balance consumer protection and innovation.    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/new-crypto-bill-coinbase-ceo-brian-armstrong-heads-to-washington-dc\/\">New Crypto Bill: Coinbase CEO Brian Armstrong Heads to Washington DC<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Coinbase CEO Brian Armstrong believes US crypto legislation finally has a shot at passing. After several days of meeting with lawmakers in Washington, Armstrong said the Digital Asset Market Clarity Act has \u201ca good chance of getting done.\u201d In recent years, Coinbase is where BlackRock stores its BTC while other US exchanges like Gemini or [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":97991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-97990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/97990"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=97990"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/97990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/97991"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}