Brian Armstrong: Extreme Fear, But Crypto Rules Are Closer Than Ever

Juhi Mirza

The crypto markets are currently in a tizzy, with tumultuous pangs of volatility gripping the market. In this wake, Coinbase CEO Brian Armstrong has stirred up new hope, stating how DC is now closer than ever towards bringing new crypto reforms and policies, with a target debut aiming to be launched by December 2025.

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Coinbase CEO Delivers New Updates About The Upcoming Crypto Market Bills

Brian Armstrong’s new video has surfaced on X, in which the Coinbase CEO can be seen delivering new details about the upcoming crypto bill. Per the latest update, Armstrong shared how he is currently in the hall, busy working on the crypto market structure legislation bill. Armstrong later added that the bill’s draft text has already been shared with the AG Senate committee. In addition to this, Armstrong updated how the Senate committee is working day and night, as well as on weekends, to ensure the bill is launched in due time, hopefully by December 2025.

“Hey everyone, Brian Armstrong, Coinbase CEO, here. I’m in the halls of Congress, back again, pushing for market structure legislation. We’ve seen a lot of progress since I was last here. We’ve now seen draft text shared by the Senate Ag Committee. Senate Banking is also working nights and weekends to get the next iteration of their text out. So we’ve got a good chance, I think, of a markup for this bill in December; hopefully we’ll get it to the President’s desk shortly thereafter.”

Updates on Upcoming Crypto Featurettes

The Coinbase CEO was quick to comment on how this bill will play an instrumental role in shaping the future of crypto markets in the US. At the same time, Armstrong shared how his company has been relentlessly working on the product launch event, giving a glimpse of Coinbase’s potential product lineup.

“This would be a big milestone to get crypto unlocked with clear rules in the U.S. Which would benefit all companies. But of course, Coinbase wants to be the top crypto company. So we’re working hard on the product in the meantime as well. And on December 17th, we’ve got our product event. Which you can tune in on the live stream to see everything. We’ve been building in the second half of this year. Thanks to all of you for continuing to show up and. Contact your representatives and keep pushing for clear rules for crypto in the United States. We will keep doing our part here as well to try to make it happen.”

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