Coinbase Global Inc. CEO Brian Armstrong urged Congress on Thursday, January 15, to enact laws ensuring fair competition, following the postponement of the cryptocurrency market structure bill.

Coinbase, founded in 2012 by Brian Armstrong, could soon expand its business into stocks after more than a decade of providing digital asset services. Stocks

Crypto sentiment cools as US Senate bill delays and Coinbase opposition weigh on Bitcoin, pushing the Fear & Greed Index to neutral.

Coinbase CEO Brian Armstrong says he can’t support a major crypto bill making its way through Congress in its current form. Armstrong says he believes the latest version of the Clarity Act is worse than the current status quo.

Coinbase rejected the CLARITY Act, triggering a crypto stock crash. Circle, Robinhood, and Coinbase fell over 6% as Senate postponed the bill vote.

Coinbase CEO Brian Armstrong says a nascent crypto sector could mirror the explosive growth of stablecoins, calling the opportunity “huge” as blockchain technology continues to reduce friction in global markets.

Brian Armstrong showed up at the Capitol on Thursday to stop what he saw as a direct hit on Coinbase’s business. His goal was clear: keep the company’s stablecoin rewards alive. Brian walked the halls himself,