Coinbase CEO Warns Crypto Industry ‘Won’t Accept’ Senate Democrats’ Crackdown...
Brian Armstrong, CEO of Coinbase, has criticized Senate Democrats’ controversial proposal to regulate the DeFi sector, which has reportedly stalled bipartisan talks on the long-awaited crypto market structure legislation. Related Reading: BNB Smart Chain (BSC) Hits Record 5 Trillion Daily Gas Usage As Network Activity Surges Coinbase CEO Slams Democrats’ Proposal In a Friday X […]
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The recent crypto crackdown from the Democratic party, spearheaded by crypto-skeptic Senator Elizabeth Warren, may cast a shadow over the future of the decentralized exchange (DEX) Hyperliquid (HYPE). This heightened scrutiny stems from concerns surrounding the crypto ventures associated with President Donald Trump’s family, specifically focusing on World Liberty Financial (WLFI). National Security Concerns Over […]
Cryptocurrency exchange Coinbase has reportedly told Senate offices it cannot support the latest language inserted into the CLARITY Act, dealing a fresh setback to negotiations over the anticipated crypto market-structure bill. The dispute centers on newly revised provisions governing stablecoin yield arrangements, a key point of contention that has been the subject of months of talks on Capitol Hill. Coinbase Says No To Late‑Stage Compromise The Senate’s updated text would constrain how stablecoin yield programs operate, limiting structures that try to mirror bank deposit products and....
The US Senate Committee on Finance has scheduled a hearing titled “Examining the Taxation of Digital Assets” for Wednesday, October 1, 2025, at 10:00 a.m. Eastern Time, in Room 215 of the Dirksen Senate Office Building. US Senate To Put Crypto Taxes Under The Microscope The panel will hear testimony from industry and tax-policy experts, […]
Congressional sources told Eleanor Terrett of Crypto In America on Friday that the Senate Banking Committee is poised to release its long‑awaited draft of the crypto market structure bill (CLARITY Act) as soon as next week. The disclosure comes amid growing industry pushback from the industry, including fresh opposition from crypto exchange Coinbase over recent […]
While discussing what happened to FTX, Brain Armstrong, CEO of Coinbase, bragged that his firm is not vulnerable to that kind of issue. He, however, suggested possible reasons behind FTX’s fallout. FTX’s insolvency problem is now a hot topic of discussion among the crypto industry’s top players and community members. Could there be lessons to […]