Coinbase CEO Backs New U.S. Crypto Framework

• Brian Armstrong says Coinbase is working toward a crypto market framework aligned with the President’s agenda and banking concerns.
• Coinbase attended two White House meetings as the GENIUS Act faces renewed debate affecting crypto customers.
• Armstrong says discussions aim for a “win-win-win” between the White House, banks, and crypto firms.

Coinbase CEO Confident a Crypto Market Framework Can Benefit Everyone. Brian Armstrong said the company is working toward a regulatory structure that aligns with the President’s crypto agenda while addressing banking sector concerns. He stated that discussions with policymakers and financial institutions are ongoing.

Push for Market Structure Clarity

Armstrong said Coinbase has supported market structure reform for years. “We were the first ones fighting for market structure before it was popular, and we’re staying at the table,” he stated. The company has continued engagement even as debate has intensified.

Brian also referred to the GENIUS Act, which passed six months ago. He said the law is now being re-litigated, and that process affects Coinbase customers. He noted that regulatory uncertainty can create operational challenges.

White House Meetings and Industry Alignment

Coinbase attended two recent White House meetings on crypto policy. Armstrong said the broader crypto industry is aligned in its goals. He described the talks as constructive and focused on finding common ground.

He said discussions involve the White House, banks, and crypto firms. The objective is to reach what he described as a “win-win-win” outcome. That includes regulatory clarity and protection of consumer benefits.

Armstrong emphasized that consumer rewards remain a priority. He said these features are important for users and should be preserved. He stated that Coinbase will continue to advocate for these benefits.

Balancing Crypto and Banking Interests

The talks aim to balance innovation with financial stability. Armstrong acknowledged that banks have raised concerns about certain crypto activities. He said dialogue is necessary to address those concerns.

He expressed confidence that a balanced framework can support growth in digital assets. At the same time, he said it can maintain safeguards for the financial system. He noted that cooperation between sectors is key.

Coinbase plans to remain engaged as negotiations continue. Armstrong said the company is committed to ongoing discussions. He stated that the focus will remain on building a framework that serves crypto users and works within the broader financial system.