Coinbase CEO arrives in Davos! Personally pushing for the U.S. crypto market structure bill
On January 20, Coinbase was very active at the Davos World Economic Forum, with CEO Brian Armstrong personally leading the team and holding intensive meetings with several bank CEOs to fully promote the formulation of the U.S. crypto market structure bill, attempting to secure a more favorable regulatory environment for the crypto industry.
The core demand of this push is to make stablecoins a "fair competitive tool" between crypto companies and traditional banks, and to hope that this will be clearly stated in the bill. Coinbase also stated that it will continue to provide updates to the U.S. Senate and government, pushing for the implementation of regulatory details.
It is worth mentioning that previously, due to the bill draft's proposal to prohibit crypto companies from paying interest on idle stablecoin balances, Coinbase once withdrew its support for the bill. Now returning to the negotiation table also demonstrates the industry's giants' flexible strategies in regulatory games.
In addition to pushing the bill, Armstrong also communicated with global leaders in Davos, discussing the updates of the crypto financial system and the potential of tokenization in capital markets, trying to push the narrative of the crypto industry toward a more mainstream stage.
This trip to Davos is not only a key public relations move for Coinbase but also an important step for the crypto industry to proactively speak to traditional finance and regulatory bodies. @阿二说趋势
