Coinbase CEO Brian Armstrong Call for Bipartisan Crypto Market Clarity

Coinbase CEO Brian Armstrong is doubling down on his campaign for clear crypto rules in the United States.

Source: X (formerly Twitter)

After several days of meetings in Washington, D.C., Armstrong said lawmakers are close to finalizing a bipartisan bill that could reshape how the cryptocurrency industry operates.

He stressed that the Digital Asset Market Clarity Act has a real chance of passing this year.

According to Armstrong, the new legislation will decide which agency has authority over different types of digital assets.

The Commodity Futures Trading Commission (CFTC) is expected to gain control over spot markets, while the Securities and Exchange Commission (SEC) would focus on securities-related tokens.

This would finally set boundaries that have long caused confusion for investors and builders.

A Direct Criticism of the Gensler Era

In his remarks, Coinbase CEO Brian Armstrong did not hold back on his criticism of former SEC Chair Gary Gensler. He argued that unclear rules during Gensler’s time created fear and uncertainty in the digital assets space.

He said the new bill would ensure the industry is built in America, protect consumers, and prevent regulators from “taking away rights” in the future.

Armstrong urged crypto users to join the Stand With Crypto campaign, a grassroots effort that alerts members when it’s time to contact their representatives.

He said this movement could help show lawmakers that millions of Americans support crypto innovation.

Industry Leaders Join the Push

Armstrong was not alone in Washington. Executives from Ripple, Kraken, Circle, and venture capital firms like a16z and Paradigm also attended meetings with lawmakers.

He also revealed that the bill is being reviewed by both parties and that lawmakers are showing more unity than expected.

Senator Cynthia Lummis has already predicted that the measure could reach President Donald Trump’s desk before the end of the year.

Banking Pressure and Stablecoins

Another issue raised during Armstrong’s visit was the future of stablecoins . Several banking groups have argued that interest-bearing stablecoins could harm traditional banks, which rely on deposits for lending.

Brian said lawmakers will not allow a ban on stablecoin yields, pointing out that past attempts, such as the GENIUS Act, failed to gain traction.

Fed Rate Cut Adds Momentum

The crypto regulation debate coincides with a historic Federal Reserve move on September 17. The move reduced the target range to 4.0%–4.25% and came as a measure to relieve stress on the slowing jobs market.

The crypto market

For cryptocurrencies, the timing couldn't be more opportune. A more welcoming regulatory environment alongside more relaxed monetary policy would ignite new institutional interest.

Reduced lending costs and easier regulations could spur more businesses to construct in America, while investors might feel more secure coming into the market.

What It Means Going Forward

Coinbase CEO Brian Armstrong believes the next few months are critical. If the market structure bill passes, it could mark a turning point for U.S. crypto policy.

By reducing regulatory uncertainty and providing strong consumer protections, the U.S. may regain its leadership in digital asset innovation. With support from both political parties and industry leaders, he says the moment to act is now.