At the World Economic Forum in Davos, the French central bank governor and Coinbase CEO clashed over whether trust in money comes from institutions or decentralized Bitcoin.
Brian Armstrong News
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The submissions add to mounting pressure on regulators as Coinbase CEO Brian Armstrong calls for compromise to pass market structure legislation.
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The policy paper argues that access to capital markets, rather than income or banking, now defines who can build wealth and says tokenization could widen participation.
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Overregulation of the crypto industry would negatively impact markets and gut decentralized finance (DeFi), according to Michaël van de Poppe.
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Coinbase CEO Brian Armstrong said the industry is working on several ideas to help community banks in the CLARITY market structure bill.
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Coinbase CEO Brian Armstrong raised four crucial points that he believes would make the legislation “materially worse” for the US crypto industry.
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China’s move to pay interest on the digital yuan is colliding with the GENIUS Act’s ban on stablecoin yields, intensifying questions over whether US digital dollars can remain competitive.
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Brian Armstrong says banks are pressuring lawmakers to curb stablecoin rewards, warning Coinbase will fight any effort to rewrite the bill.
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A new Coinbase–Ipsos survey shows younger US investors are trading more often, taking more risk and putting a far larger share of their portfolios into crypto.
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Coinbase CEO Brian Armstrong rattled off a bunch of crypto buzzwords at the end of its Q3 earnings call — resolving all prediction market bets on them to a “yes” in one swoop.
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Coinbase recorded another profitable quarter with $432.6 million in net income in Q3 on the back of $1.9 billion in revenue, while Coinbase’s Bitcoin holdings rose by 2,772 BTC.
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Coinbase has completed more than 40 high-profile mergers and acquisitions, investing billions of dollars in promising cryptocurrency startups and unicorns.
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Coinbase CEO Brian Armstrong said onchain fundraising could make capital formation “more efficient, fair, and transparent.”
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The remaining “10%” of issues center mainly on DeFi, which Brian Armstrong says lawmakers are addressing carefully to preserve innovation.
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Coinbase CEO Brian Armstrong has outlined plans to build a crypto super app, offering credit cards, payments and Bitcoin rewards to rival traditional banks.
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