‘Worse Than Status Quo’: Coinbase CEO Rejects Senate Bill – U.Today

Jan 15, 2026 - 08:00
‘Worse Than Status Quo’: Coinbase CEO Rejects Senate Bill – U.Today
Coinbase CEO Brian Armstrong has publicly rejected the latest draft of the Digital Asset Market Structure Act. The highly influential crypto boss claims that it is “materially worse than the current status quo.” After reviewing the Senate Banking draft text over the last 48hrs, Coinbase unfortunately can’t support the bill as written. There are too many...

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