Summary
- Brian Armstrong, CEO of Coinbase, stated that the Stablecoin Regulation Bill will be a turning point for the virtual asset industry.
- He emphasized that the bill is the result of bipartisan consensus and urged committee members to vote in favor.
- Armstrong, CEO, mentioned that he plans to visit Washington D.C. to discuss the passage of stablecoin and market structure-related bills.
Brian Armstrong, CEO of Coinbase, stated on the 1st (local time) via X (formerly Twitter) that the review of the Stablecoin Regulation Bill (STABLES Act) by the US House Financial Services Committee will be a significant turning point for the virtual asset (cryptocurrency) industry.
He continued, "This bill is the result of efforts to achieve bipartisan consensus," and urged committee members to vote in favor.
Furthermore, he added, "I am currently visiting Washington D.C." and "I will meet with lawmakers to persuade them to pass the stablecoin and market structure-related bills before the August recess."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
