Brian Armstrong, CEO of Coinbase Global, said he met with roughly 25 U.S. senators over the past two days to accelerate legislation for crypto market structure clarity.
Roundtable Hustle: 25 Senators and Counting
Armstrong posted on X that momentum for the crypto market-structure bill is “at an all-time high,” noting he sat down with senators from both parties to get the work done. One crypto news outlet reported a meeting count of 25 senators across a rapid engagement push.
What’s On the Table: Bill Scope & Timing
The proposed legislation—often referred to as the Digital Asset Market Clarity Act—aims to clarify how crypto is regulated, delineating roles between agencies like the Securities and Exchange Commission and Commodity Futures Trading Commission. Armstrong says about 90% of the key issues have been nailed down, and lawmakers are racing to wrap up the remaining details with hopes of sending the final version to the President before year’s end.
Why This Matters: Degen Alpha & Institutional Flows
For traders and market watchers this signals a potential tidal shift — regulatory clarity could unlock a wave of institutional capital into crypto. Coinbase’s posture shows the industry is betting on Washington delivering rather than waiting. If the bill lands, it may trigger renewed bullish sentiment across major digital assets.
Heads-Up: Where the Bets Are Going Next
- Expect volatility ahead of committee votes and possible amendments — watch for carve-outs around DeFi protocols, wallet front-ends, and token classification.
- If this passes, U.S. exchanges and platforms could gain competitive advantage; non-U.S. jurisdictions may lose the “innovation destination” edge.
- From a trading mindset: regulatory clarity often = upside surprise; unresolved elements remain execution risk (the final 10% Armstrong flagged).
Stay tuned and get your bags ready — crypto regulation might just flip from uncertainty to catalyst.
