Coinbase CEO Brian Armstrong denied reports of tension with the White House over a key cryptocurrency market structure bill, stating that the government has been "very proactive" and has asked the company to assist in reaching an agreement with American banks. He dismissed claims that the White House threatened to withdraw support and described recent negotiations as collaborative, focusing on addressing concerns from community lending institutions.
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Coinbase CEO Brian Armstrong denied reports of tension with the White House over a key cryptocurrency market structure bill, stating that the government has been "very proactive" and has asked the company to assist in reaching an agreement with American banks. He dismissed claims that the White House threatened to withdraw support and described recent negotiations as collaborative, focusing on addressing concerns from community lending institutions.