Coinbase CEO Brian Armstrong: Crypto is 'the most bipartisan issue' in D.C.

Coinbase CEO Brian Armstrong: Crypto is 'the most bipartisan issue' in D.C.

Brian Armstrong, Coinbase CEO, joins CNBC's 'Money Movers' to discuss why he's pushing for stablecoin legislation that would allow consumers to earn interest, whether offshore crypto companies should be allowed to enter the U.S., and more.

The co-founder of the crypto exchange pleads for an adjustment of the GENIUS and STABLE Act. USDC and Co. should be allowed to distribute bond yields to investors. Source: BTC-ECHO BTC-ECHO

Coinbase CEO Calls For Onchain Interest For Investors: “Unleashing onchain interest is a win-win!”

Coinbase CEO Brian Armstrong has made a strong call for legislative changes in the United States, advocating for stablecoin holders to earn “onchain interest” on their digital asset holdings. In a recent post on X (formerly Twitter), Armstrong emphasized that allowing issuers to direct share stablecoin interests with consumers could unlock a host of economic benefits for both investors and the U.S. economy as a whole.  Brian Armstrong’s Case for…

Coinbase CEO Urges U.S. to Allow Interest on Stablecoins

Brian Armstrong, the CEO of Coinbase, requested Congress through X to alter stablecoin rules. He stated that consumers need access to earn “onchain interest” rates from stablecoin assets, mirroring the functionality of traditional bank accounts. According to Armstrong, existing laws establish a regulatory advantage for banks, leading to an imbalance between banking institutions and crypto firms. The plan aligns with free-market principles, which…

Coinbase CEO Urges U.S. Lawmakers to Allow Interest on Stablecoins for Consumers

Coinbase CEO urges lawmakers to allow stablecoins to offer interest to consumers and boost financial inclusion. Armstrong says stablecoins could provide higher yields than traditional savings accounts for everyday users. Current regulations prevent stablecoin issuers from offering interest despite the potential for economic growth. Brian Armstrong, the CEO of Coinbase, has urged U.S. lawmakers to implement regulations that would allow stablecoin…

Coinbase CEO urges stablecoin law reforms for ‘Onchain Interest’

The CEO of Coinbase is advocating for reforms in stablecoin regulations to allow the integration of ‘onchain interest.’ Brian Armstrong, the CEO of Coinbase, says allowing stablecoin issuers to offer interest payments to holders would ensure that both consumers and the US economy fully capitalize on the benefits. Armstrong calls for regulatory updates and seeks […] The post Coinbase CEO urges stablecoin law reforms for ‘Onchain Interest’ appeare…