Despite Gov’t Shutdown, Crypto Market Structure Bill ‘90% There’ — Coinbase CEO

Why It Matters

If resolved, the measure would bring significant regulatory clarity to exchanges and DeFi platforms, potentially stabilizing markets and shaping industry compliance and investment decisions.

Summary

Coinbase CEO Brian Armstrong said a long-stalled crypto market-structure bill is “90% there” despite the U.S. government shutdown, with the remaining disagreements largely focused on decentralized finance (DeFi). Lawmakers are reportedly working cautiously on those DeFi-specific provisions to avoid stifling innovation while settling jurisdictional and oversight questions. If resolved, the measure would bring significant regulatory clarity to exchanges and DeFi platforms, potentially stabilizing markets and shaping industry compliance and investment decisions.