Coinbase CEO Advocates for Stablecoin Legislation as Market Growth Booms

The future of stablecoins is poised for significant change, with Congress facing a pivotal moment to enact legislation that will shape their regulation and impact the digital asset market. Coinbase CEO Brian Armstrong has joined the call for action, urging the Senate to initiate debate on the GENIUS Act, which aims to establish clear rules for stablecoin issuers. This critical step requires securing at least 60 votes to advance the bill.