Coinbase CEO Says Crypto Market Structure Bill Is ‘90% There’ as Traders Rotate to $BEST
The post Coinbase CEO Says Crypto Market Structure Bill Is ‘90% There’ as Traders Rotate to $BEST appeared on BitcoinEthereumNews.com.
Even with Washington gridlocked due to a government shutdown, crypto regulation might finally break free. KEY POINTS: ➡️ Coinbase CEO Brian Armstrong says the U.S. crypto market structure bill is 90% done due to a rare bipartisan alignment.➡️ The CLARITY Act would split oversight between the SEC and CFTC.➡️ The final 10% debate is focused on DeFi and stablecoin rewards, with Armstrong pushing for yield earning to be allowed.➡️ $BEST is gaining attention for powering Best Wallet’s ecosystem of presale access, staking rewards, reduced fees, and the upcoming Best Card for real-world spending. Coinbase CEO Brian Armstrong says the long-debated U.S. crypto market structure bill is “90% there.” He goes on to point to a rare bipartisan alignment around the Digital Asset Market Clarity Act, known as the CLARITY Act. Despite the ongoing government shutdown, it appears lawmakers from both parties have been working behind closed doors to finalize the final 10% of the framework. Source: @BitcoinMagazine on X This isn’t just another policy debate — it could set the rules of the road for America’s entire digital asset economy. Coinbase CEO Brian Armstrong sat down this week with heavy-hitters on both sides of the aisle, including Senate Majority Leader Chuck Schumer, Senator Cynthia Lummis, Senator Kirsten Gillibrand, and Senator Tim Scott, signaling just how seriously Washington is taking crypto. The legislation already cleared the House in July with a resounding 294–134 vote, and now rests with the Senate Banking Committee. If it makes it through there, it could reach the Senate floor before year’s end — a potential watershed moment for U.S. crypto regulation. The goal is simple but long overdue: to end the regulatory gray zone that leaves crypto projects guessing which rules apply. By drawing a clear distinction between the SEC and CFTC, the bill promises a…
