Ethereum

DeFi

Brian

Read

<div class="key-points-section"><strong>Key Points:</strong>
 <ul>
  <li>Coinbase CEO declares 90% progress on US crypto market bill.</li>
  <li>Bipartisan support fosters optimism for year-end passage.</li>
  <li>Focus on protecting DeFi innovation and stablecoin rewards.</li>
 </ul>
</div>
<p>Coinbase CEO Brian Armstrong announced on X that bipartisan efforts have 90% completed a US crypto market structure bill, aiming for completion by year's end.</p>
<p>This legislative push could impact US-based DeFi tokens and stablecoin rewards, signaling potential market shifts and regulatory clarity.</p>
<h2 id="coinbase-reportedly-nears-90-completion-on-crypto-bill">Coinbase Reportedly Nears 90% Completion on Crypto Bill</h2>
<p><strong>Brian Armstrong, CEO of Coinbase, reported</strong> significant progress regarding the US crypto market structure bill. On October 23, Armstrong met with Senate Democrats and Republicans, noting that the bill is 90% complete. He is confident in passing the bill by year's end, potentially ready for review before Thanksgiving.</p>
<p><strong>Coinbase aims to protect innovation</strong> within the DeFi sector along with ensuring rights to stablecoin rewards for users. There is increased hope for creating a legislative framework that supports these sectors, as depicted by the current bipartisan momentum surrounding this bill.</p>
<blockquote>
 "Momentum for market structure clarity is at an all-time high, even if Washington, D.C., is currently in recess. I sat down with Senate Democrats and Republicans who want to get this done—we’re 90% there. We're bullish on getting a bill passed by year-end, and hopeful it's out of Committee by Thanksgiving." — Brian Armstrong, CEO, Coinbase.
</blockquote>
<p>Reactions among industry leaders are varied; <strong><a href="https://coincu.com/news/coinbase-defi-lending-morpho/" rel="noopener noreferrer nofollow">Summer Mersinger of the Blockchain Association</a></strong> expressed concerns over potential restrictions on decentralized finance. <strong>Armstrong stressed the importance of clarity</strong>, asserting that pro-crypto clarity benefits everyone.</p>
<h2 id="legislative-progress-may-boost-crypto-institutional-investment">Legislative Progress May Boost Crypto Institutional Investment</h2>
<p style="background-color: #222222; color: #ffffff; padding: 10px; border-radius: 5px;"><strong>Did you know?</strong> Significant legislative efforts like the EU's MiCA have historically led to increased trading activities in related tokens, potentially creating short-term market upticks when privacy and protocol clarity advance.</p>
<p><a href="https://www.coinmarketcap.com" rel="noopener noreferrer nofollow">Ethereum (ETH) currently trades</a> at $3,871.70, with a market cap of $467.31 billion, reflecting a 1.45% increase in 24 hours, as reported by CoinMarketCap. Over 90 days, ETH saw a 3.95% growth, illustrating resilience despite recent fluctuations.</p>
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2025/10/Ethereum-daily-chart-on-0100-UTC-on-October-24-2025file.jpeg" rel="noopener noreferrer nofollow"> <img src="https://coincu.com/wp-content/uploads/2025/10/Ethereum-daily-chart-on-0100-UTC-on-October-24-2025file.jpeg" alt="ethereum-daily-chart-1756"> </a>
 <figcaption>
  Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 01:00 UTC on October 24, 2025. <em>Source: <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a></em>
 </figcaption>
</figure>
<p><strong>The Coincu research team suggests</strong> that successful legislative progress could encourage more institutional investment, potentially fostering innovation while heightening regulatory compliance among US-based crypto firms. <strong><a href="https://coincu.com/markets/ethereum-eye-new-ath-with-4880-breakout/" rel="noopener noreferrer nofollow">Ethereum eye new ATH</a></strong> with legislative clarity boosting crypto ecosystems further.</p>
<figure class="wp-block-table">
 <table class="has-luminous-vivid-orange-color has-text-color has-link-color has-fixed-layout">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow"> this website</a> is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure> <a href="https://coincu.com/uncategorized/coinbase-ceo-crypto-bill-progress/" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Coinbase CEO Confirms Historic Crypto Bill Progress

Table of Contents

Coincu

Other articles published on Oct 24, 2025

Join our free newsletter for daily crypto updates!