Coinbase refutes rumors of White House's threat to pull support for crypto bill

Coinbase refutes rumors of White House's threat to pull support for crypto bill

"The White House has been super constructive here," said CEO Brian Armstrong.

Coinbase Disputes White House Hostility Claims, Calls Crypto Bill Talks 'Super Constructive'

Coinbase is pushing back against claims of White House resistance to crypto policy, as high-stakes negotiations over banking yield, market structure legislation, and industry influence expose deepening tensions between crypto firms, regulators, and traditional banks. Coinbase CEO Disputes Claims of Hostility in Crypto Market Structure Talks Brian Armstrong, chief executive officer of crypto exchange Coinbase […]

Armstrong Refutes Reports of Administrative Tensions Over Crypto Bill

TLDR: Armstrong publicly dismissed media reports alleging tensions between Coinbase and White House officials. The CEO confirmed administration requested banking negotiations focusing on community financial institutions. Coinbase withdrew CLARITY Act support on January 14, prompting Senate committee to postpone markup hearing. Industry remains divided over stablecoin yield restrictions and concessions to traditional banking sector.    Armstrong…

A Trillion-Dollar Question: Should Stablecoins Be Allowed to Pay Interest?

As lawmakers race to finalize a sweeping digital asset bill, a single question is dividing regulators, banks, fintechs, and crypto firms alike: should stablecoins be allowed to pay yield? Key Takeaways Banks argue yield-paying stablecoins could drain deposits and tighten credit across the economy. Crypto firms say yield does not equal lending risk and should be regulated through reserve standards, not bans. Lawmakers are split as they finalize …

Coinbase CEO Denies Rift With White House Over Crypto Market Bill – Details

Coinbase CEO Brian Armstrong has denied existing tension between the exchange and the White House over the content of the crypto market structure bill, i.e., the Digital Asset Market Clarity Act. This development follows a series of contentious moments surrounding the highly anticipated crypto market structure bill, beginning with Armstrong raising concerns over its provisions, […]