Coinbase CEO Brian Armstrong raised four crucial points that he believes would make the legislation âmaterially worseâ for the US crypto industry....
Security failures donât just drain funds, they often destroy trust, leaving most hacked crypto projects unable to recover despite fixing the technical flaws....
Brian Armstrong and crew stated that they cannot support the draft bill in its current state, leading to a delay in today's scheduled markup....
Brian Armstrong posted to social media late on a Wednesday saying Coinbase couldn't âsupport the bill as written,â potentially leading to a postponement in consideration....
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks to members of the media on Capitol Hill in Washington, DC, US, on Thursday, Jan. 15, 2026. | Aaron Schwartz/Bloomberg via Getty...