Coinbase: Congress must 'finish the job' on crypto regulation
Market Intelligence Analysis
AI-PoweredCoinbase CEO Brian Armstrong is urging Congress to pass the CLARITY Act, a bill providing a regulatory framework for digital assets, which could positively impact the cryptocurrency market.
Market impact analysis based on bullish sentiment with 64% confidence.
Article Context
Bitcoin (BTC-USD) has clawed its way back up to $93,000 after dropping to recent lows. Meanwhile, Coinbase (COIN) CEO Brian Armstrong said at the DealBook Summit that he "hopes for a Senate vote soon" on the CLARITY Act — a bill offering a regulatory framework for digital assets. Coinbase's chief legal officer, Paul Grewal, joins Market Domination host Josh Lipton to discuss the necessity of crypto regulation and to explain how stablecoins factor into the broader landscape. To watch more expert insights and analysis on the latest market action, check out more Market Domination.
Analysis and insights provided by AnalystMarkets AI.