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Coinbase CEO: Revised version of crypto market structure bill to be introduced within weeks

Source
JH Kim
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Summary

  • Coinbase CEO Brian Armstrong said he expects a revised version of the crypto market structure bill CLARITY to be introduced within weeks.
  • Armstrong said that fatal issues would arise if the current bill proceeds to review as is, adding that he believes there is an opportunity to draft a new version.
  • He said in a CNBC interview that he is ready to return to discussions on the crypto market structure bill.

According to The Block, a media outlet specializing in digital assets (cryptocurrency), Coinbase CEO Brian Armstrong said he expects a revised version of the crypto market structure bill (CLARITY) to be introduced within weeks.

In an interview with CNBC, he added, "There are fatal issues that would arise if the current bill proceeds to review as is. I believe there is an opportunity to draft a new version."

Armstrong also said in the same interview that he is ready to return to discussions on the market structure bill.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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