Coinbase CEO Brian Armstrong said he will continue working on the U.S. crypto market structure bill during the World Economic Forum in Davos this week.
In a video statement posted on X, Armstrong said Coinbase will stay active on the bill during Davos, holding further discussions with bank executives to bridge remaining gaps.
“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,” said Armstrong.
Armstrong noted that stablecoins should open up opportunities for both crypto companies and traditional banks on a level playing field. He added that he will relay those discussions to the Senate and the administration to drive legislative progress.
At the World Economic Forum, held from Jan. 19 to 23, Armstrong said he will also engage with world leaders on how crypto can update traditional financial systems and explore the potential of tokenization in democratizing access to capital markets.
Stablecoin issue
Coinbase pulled its support from the market structure bill last week after reviewing the Senate’s updated bill text. The exchange raised multiple concerns with the draft text, including restrictions on stablecoin yield.
The Senate’s draft text sought to bar digital asset providers from paying yield simply for holding stablecoins, though it would allow activity-based rewards tied to transactions, staking, or providing liquidity. This aligns with the banking sector’s strong opposition to crypto platforms offering such returns, arguing it could drive deposits away from traditional savings accounts and create financial instability.
Coinbase’s withdrawal has led the Senate Banking Committee to postpone its anticipated markup hearing without setting a new date. Still, Coinbase said it will continue working with legislators to amend and advance the bill, which is expected to establish clear regulatory boundaries for digital assets.
Meanwhile, President Donald Trump is also attending the Davos forum, where he is expected to meet with global investors, according to a Reuters report. It is unclear whether digital assets are on Trump’s agenda, as the ongoing U.S.-EU dispute over Greenland has taken center stage.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
