The push for a comprehensive <b>US crypto regulatory framework</b> is gaining critical momentum, according to <b>Coinbase CEO Brian Armstrong</b>, who recently expressed strong optimism following meetings with a bipartisan group of senators. After years of uncertainty, the digital asset industry appears closer than ever to establishing clear "rules of the road" in Washington.
<h2>The Final Push for Clarity</h2>
[embed]https://twitter.com/brian_armstrong/status/1981410026746261971[/embed]

Armstrong, in a public statement, confirmed that the path to a <b>market structure bill</b> has achieved an "all-time high" in momentum, despite recent political distractions. He noted that lawmakers from both the Democratic and Republican parties are actively engaging to resolve the remaining sticking points. "Both sides are working hard to figure out the final 10%, and we're getting close," he stated.

The bill in question, likely the <b>Digital Asset Market CLARITY Act</b>, aims to establish defined jurisdictional boundaries between the <b>Securities and Exchange Commission (SEC)</b> and the <b>Commodity Futures Trading Commission (CFTC)</b>. This clarity is seen by the industry as crucial for fostering innovation within the U.S. and offering necessary <b>consumer protection</b>. Armstrong believes the bill is "90% there," voicing his confidence that it could pass out of committee by Thanksgiving and be fully enacted by year-end.
<h2>Industry and Regulatory Alignment</h2>
The recent bipartisan collaboration follows increasing political pressure and lobbying efforts by the <a href="https://www.cryptoknowmics.com/news/sec-chairman-gary-gensler-criticizes-the-crypto-industry-and-bitcoins-role/">crypto industry</a>, which has grown into a formidable force in Washington. The push for market structure legislation comes on the heels of the passage of the <b>GENIUS Act</b>, a landmark stablecoin regulation bill signed into law earlier this year.

This continuing legislative progress is viewed by industry leaders as essential to prevent the U.S. from falling behind other global markets. Establishing a transparent framework for digital assets is expected to solidify America's leadership in the rapidly evolving world of financial technology, creating an environment where both innovation and consumer safety can thrive.

Bipartisan Progress on US Crypto Bill Nears Finish Line, Says Coinbase CEO

Coinbase CEO Brian Armstrong expresses strong confidence that the bipartisan US crypto market structure bill is nearing completion for 2025 passage.

Bipartisan Progress on US Crypto Bill Nears Finish Line, Says Coinbase CEO

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