Banking trade groups responsible for impasse on market structure bill, Brian Armstrong says

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Coinbase CEO Brian Armstrong suggests that banking trade groups are the main obstacle to passing market structure legislation, but believes updated legislation could offer benefits to banks, potentially breaking the impasse.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Coinbase CEO Brain Armstrong said updated market structure legislation may offer banks other benefits to get them on board with allowing stablecoin rewards.

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Original article published by CoinDesk on February 19, 2026.
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