{"id":20255,"date":"2026-01-20T21:43:56","date_gmt":"2026-01-20T21:43:56","guid":{"rendered":"https:\/\/bitunikey.com\/news\/coinbases-armstrong-helps-pause-crypto-bill-says-deal-is-still-in-play\/"},"modified":"2026-01-20T21:44:06","modified_gmt":"2026-01-20T21:44:06","slug":"coinbases-armstrong-helps-pause-crypto-bill-says-deal-is-still-in-play","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/coinbases-armstrong-helps-pause-crypto-bill-says-deal-is-still-in-play\/","title":{"rendered":"Coinbase\u2019s Armstrong helps pause crypto bill \u2014 says deal is still in play"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Coinbase CEO Brian Armstrong said he remains confident the U.S. can pass comprehensive crypto market-structure legislation despite pulling support last week for a Senate draft bill that was set for a key markup vote. <\/p>\n<div id=\"cn-block-summary-block_14eedca77bc21d54dc7787114776570e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Armstrong says the derailment of a key U.S. crypto market-structure bill is a temporary setback, not a dead end. <\/li>\n<li>After pulling support for a Senate draft he said favored traditional finance and threatened core crypto functions, Armstrong is using the World Economic Forum in Davos to renegotiate terms with banks and policymakers.<\/li>\n<li>The Coinbase CEO bets that fresh talks can still deliver comprehensive crypto legislation in 2026.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Armstrong\u2019s public opposition\u2014citing \u201ctoo many giveaways to tradfi\u201d\u2014prompted Senate Banking Chair Tim Scott to postpone the markup of the proposed CLARITY Act.<\/p>\n<p>Speaking at the World Economic Forum in Davos, Armstrong said the path forward remains open, arguing the latest draft would have restricted core crypto functions, limited stablecoin yields, expanded government access to financial data and shifted regulatory power toward the SEC at the expense of the CFTC. Banking groups have opposed stablecoin rewards, but Armstrong accused them of trying to stifle competition.<\/p>\n<p>Despite the setback, Armstrong called 2025 a banner year for crypto, pointing to the passage of the first federal framework for stablecoin issuers and growing interest from major banks, several of which already partner with Coinbase. He reiterated to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-01-20\/coinbase-s-armstrong-optimistic-on-crypto-bill-despite-pulling-support-earlier?srnd=phx-crypto\" target=\"_blank\" rel=\"nofollow\">Bloomberg<\/a> his long-term bullish outlook, including a $1 million Bitcoin price target by 2030, and highlighted tokenization as a way to broaden access to capital markets.<\/p>\n<p>Bitcoin, based on its opening price on Jan. 20, 2025, went from $101,083.75 to today\u2019s current price of $89,573.  <\/p>\n<p>With the bill stalled in Washington, Armstrong is using Davos as a venue for negotiations with bank executives and global leaders, aiming to revive the legislation and push for a \u201clevel playing field\u201d between traditional finance and crypto firms.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase CEO Brian Armstrong said he remains confident the U.S. can pass comprehensive crypto market-structure legislation despite pulling support last week for a Senate draft bill that was set for&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20255"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20255\/revisions"}],"predecessor-version":[{"id":20256,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20255\/revisions\/20256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1197"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}