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Coinbase CEO Demands Congress Fast-Track Stablecoin Legislation Before August Recess
Coinbase CEO Demands Congress Fast-Track Stablecoin Legislation Before August Recess
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Brian Armstrong turns up the heat on Washington as regulatory uncertainty continues to choke crypto innovation. The Coinbase chief’s latest push comes amid growing institutional demand for dollar-pegged tokens - and Wall Street’s embarrassing attempts to recreate them with 19th century banking rails.
Why the deadline? Lawmakers won’t touch controversial bills during election season. Stablecoins represent crypto’s best shot at bipartisan support before politics eclipse progress.
Armstrong’s move signals a make-or-break moment: Either Congress provides clarity, or America loses its fintech edge to offshore jurisdictions writing the rulebook in real-time.
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