Crypto Heavyweights—Led by Coinbase’s Armstrong—Revive GENIUS Act in Power Play for Regulatory Clarity

Brian Armstrong just threw gasoline on Washington’s crypto policy debate—and 60 industry execs are holding the match. The GENIUS Act, once left for dead, is back with Wall Street-level lobbying muscle.

Why now? The bill promises streamlined rules for blockchain innovators—or ’a get-out-of-jail-free card for crypto bros,’ depending which regulator you ask. Armstrong’s coalition includes CEOs from Ripple, Andreessen Horowitz, and other giants tired of playing whack-a-mole with SEC lawsuits.

D.C. insiders whisper the bill has slim odds—but with crypto PACs dumping $100M into midterms, politicians might suddenly discover their ’passion for innovation.’ Funny how that works.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.