PANews reported on October 24 that Coinbase CEO Brian Armstrong posted on the X platform that despite the US government shutdown, the momentum for clarifying the market structure bill is unprecedentedly high. Currently, communication has been held with Senate Democrats and Republicans who want to complete this work, and the bill has been finalized by 90%. All parties are working hard to determine the final 10% and are close to the goal. Brian Armstrong added that Coinbase will push for clear rules to protect innovation in the DeFi sector and users' rights to stablecoin rewards. He is optimistic that the bill will be passed before the end of the year and hopes that the bill can be submitted for review before Thanksgiving.PANews reported on October 24 that Coinbase CEO Brian Armstrong posted on the X platform that despite the US government shutdown, the momentum for clarifying the market structure bill is unprecedentedly high. Currently, communication has been held with Senate Democrats and Republicans who want to complete this work, and the bill has been finalized by 90%. All parties are working hard to determine the final 10% and are close to the goal. Brian Armstrong added that Coinbase will push for clear rules to protect innovation in the DeFi sector and users' rights to stablecoin rewards. He is optimistic that the bill will be passed before the end of the year and hopes that the bill can be submitted for review before Thanksgiving.
Coinbase CEO: Market Structure Bill is 90% “finalized” and expected to pass before the end of the year
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PANews reported on October 24 that Coinbase CEO Brian Armstrong posted on the X platform that despite the US government shutdown, the momentum for clarifying the market structure bill is unprecedentedly high. Currently, communication has been held with Senate Democrats and Republicans who want to complete this work, and the bill has been finalized by 90%. All parties are working hard to determine the final 10% and are close to the goal.
Brian Armstrong added that Coinbase will push for clear rules to protect innovation in the DeFi sector and users' rights to stablecoin rewards. He is optimistic that the bill will be passed before the end of the year and hopes that the bill can be submitted for review before Thanksgiving.
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