Coinbase CEO: The White House, banks, and the crypto industry can achieve a "triple win" on the crypto framework bill

Coinbase CEO Brian Armstrong posted on the X platform that Coinbase has recently participated in two White House meetings, stating that the White House, banks, and the crypto industry can achieve a "win-win" on the crypto structural bill. In the future, they will continue to focus on promoting core consumer rights, including a stablecoin reward mechanism. He is confident in driving the formation of a market structure that balances the crypto policy agenda with banking concerns, while ensuring that the interests of crypto users are prioritized.

Brian Armstrong further stated that Coinbase has been actively promoting related issues even before the industry widely focused on market structure problems and will continue to participate in policy discussions. However, the GENIUS Act was passed six months ago, and its current re-evaluation may have a significant impact on platform customers.