Brian Armstrong
@brian_armstrong
Co-founder & CEO at @Coinbase. Creating more economic freedom in the world. ENS: barmstrong.eth Co-founder @researchhub @newlimit
774 Following 1.6M Followers
Surreal moment.
President Trump just signed the first federal crypto bill into law, ushering in a new era for crypto, one that starts today for stablecoins.
Market structure will be next and we’re committed to the White House’s September 30 deadline. https://t.co/JAhBs5VqSr
Show more
0
0
602
9.6K
1.1K
Good to see the Senate finally voting on stablecoin legislation. It’s a first round to the negotiation, and I expect there will be another vote early next week after more debate.
Frankly, the bill still needs some work (like fixing the prohibition on yield and interest which makes no sense). But this is all part of the process.
Once all members have had time to review the text, and a few changes are made, I suspect the GENIUS Act will be one step closer to the President’s desk with a strong bipartisan vote.
The 52m American voters who hold crypto are watching closely!
Show more
0
0
117
2.1K
242
