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Coinbase cannot support crypto bill in current form, CEO Armstrong says

Coinbase CEO and co-founder Brian Armstrong said on Wednesday the company cannot support a draft legislation U.S. senators introduced earlier this week aimed at creating a regulatory framework for cryptocurrencies.

The legislation, unveiled on Monday, seeks to define when crypto tokens are securities, commodities or otherwise and would also hand policing of spot crypto markets to the Commodity Futures Trading Commission.
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Without the backing of Coi… [1323 chars]

Source: Reuters | Published: 2026-01-15T01:12:46Z

Credit: Reuters

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