Coinbase CEO Seeks ‘Win-Win' on Market Structure Bill in Davos Charm Offensive [Yahoo! Finance]
Coinbase Global, Inc. - 3Class A (COIN)
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Source: Yahoo! Finance
Armstrong tweeted three objectives for his World Economic Forum appearance on Tuesday: discussing economic freedom with global leaders, pushing for market structure legislation, and promoting tokenization to "democratize access to capital markets." "The future of finance is here, and this time it's built for the people," Armstrong wrote. In an accompanying video, Armstrong detailed his strategy for salvaging the legislation, calling for collaboration with traditional finance. "We're going to continue to work on the market structure legislation and meet with some of the bank CEOs to figure out how we can make this a win-win,” he said. “Stablecoins should be an opportunity for both banks and crypto companies as long as we're all treated on a level playing field," he said. Armstrong's Davos trip comes less than a week after Coinbase withdrew support for the much-awaited crypto market structure bill, forcing the Senate Banking Committee to cancel Thursday's scheduled markup. Th
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