Coinbase CEO: In legislation, no one can get everything, but everyone can get most of what they need.
2026-08-07 11:01:55
According to CoinMeta, Brian Armstrong, the CEO of Coinbase, stated that no one can get everything in the legislative process, but everyone can get most of what they need, and he called for a vote on the Clear Act. Additionally, Senate Majority Leader John Thune confirmed that the vote on the Clear Act will be postponed until September. Iran is seeking to prevent American and Israeli vessels from entering the Strait of Hormuz and is demanding compensation from hostile countries under the proposed agreement with Oman. The crypto market maker Wintermute has registered as a U.S. brokerage dealer, paving the way for entry into regulated Wall Street trading. Bitcoin whales are buying, while retail investors are selling, and Santiment indicates that this trend is conducive to a Bitcoin price break above $70,000. Thailand has confirmed a capital gains tax of 0% on Bitcoin and cryptocurrencies. SUI is introducing quantum-resistant signatures, allowing users to upgrade their existing accounts with mnemonic phrases. Coinbase has launched 24/5 trading of nearly 4,000 U.S. stocks in the UK.
Source:Cointelegraph
This content is for market information only and does not constitute investment advice.
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