From twitter.com - September 12, 2023 3:02 PM
The CEO of cryptocurrency exchange Coinbase (Nasdaq: COIN), Brian Armstrong, discussed various topics, including crypto regulation and stablecoins, in an interview with Yahoo Finance on Friday. Responding to a question about the timing and nature of crypto regulation in the U.S., the Coinbase boss described: It’ll happen in one of a few ways. So, one way is the courts. The courts can be the one to provide the clarity regardless of the outcome of the case. Creating case law is a way to get there if the regulators aren’t going to provide it. “Another way to do it is through Congress. Congress is very engaged in this now,” he stressed, noting that a few crypto bills are being considered in Congress. They include the FIT for the 21st Century Act and the Clarity for Payment Stablecoins Act.ription