Coinbase CEO Says This About Stablecoin Bill Amid Trump Controversy
4 Articles
4 Articles
Coinbase CEO Says This About Stablecoin Bill Amid Trump Controversy
Key Insights: Coinbase CEO Brian Armstrong called for swift action on stablecoin rules as Congress moves toward a vote after scrapping Trump-linked provisions in the GENIUS Act. Stablecoin Regulation Gains Urgency as Senate Eyes Memorial Day Vote The U. S
Stablecoin Bill Faces Turbulence Amid Trump-Era Crypto Tensions - FinanceFeeds
As President Donald Trump’s pro-crypto turn shapes how legislators approach digital asset policy, a new bipartisan push to control stablecoins is running across fresh political friction. Introduced by Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.), the measure aims to establish a national framework for supervising stablecoins— cryptocurrency linked to the U.S. dollar. It tasks the Federal Reserve with monitoring systemic risks…
Senate stablecoin bill may return to vote after Trump-linked crypto dispute
The U.S. Senate’s effort to regulate stablecoin issuers could soon return to the floor, following a week of stalled progress tied to partisan concerns over President Donald Trump’s crypto connections. Lawmakers are close to finalizing updated language in the bill,…
Coinbase CEO bullish on stablecoin bill’s senate fate despite political headwinds - Invest In Crypto News
Coinbase CEO is “optimistic” about Senate passing stablecoin legislation soon, despite recent setbacks. A key Senate vote on the bill failed last week due to Democratic concerns, including potential benefits for Trump. Coinbase is set to join the S&P 500, a move Armstrong calls a sign “crypto’s here to stay.” Coinbase CEO Brian Armstrong conveyed a sense of hope on Wednesday regarding the potential passage of landmark stablecoin legislation in t…
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