Brian Armstrong: The Senate fails to advance the transparency bill, with expectations for completion in September
2026-08-08 01:13:46
According to CoinMeta, Coinbase CEO Brian Armstrong stated that it was disappointing that the Senate was unable to advance the transparency bill this week, but he expressed appreciation that the bill will be put back on the agenda in September. He pointed out that although legislative work is still ongoing, regulatory authorities are providing more clarity, and an increasing number of companies are adopting stablecoins. The tokenization of perpetual contracts, prediction markets, and real assets is growing rapidly. Consumers use cryptocurrencies every day, and the momentum of this technology is continuously strengthening. Congress still has important work to do; a clear federal market structure law will unlock more investment, innovation, and job opportunities, while providing consumers with the protection they deserve. Voters are closely watching who is pushing this process forward and who is holding it back.
Source:X
This content is for market information only and does not constitute investment advice.
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