According to ChainCatcher, Coinbase CEO Brian Armstrong posted on the X platform that Coinbase recently participated in two White House meetings, where the White House, banks, and the crypto industry were able to achieve a "win-win" situation on crypto infrastructure legislation. Coinbase will continue to focus on promoting core consumer rights, including stablecoin reward mechanisms, and is confident in driving a "win-win" market structure solution that balances crypto policy agendas with bank concerns, while ensuring that the interests of crypto users are prioritized.
Brian Armstrong added that Coinbase had been actively promoting the issue before the industry had paid widespread attention to market structure problems and would continue to participate in policy discussions. However, the GENIUS bill was passed six months ago, but its current re-examination may have a significant impact on the platform's customers.
