Coinbase CEO says the rules replacing the failed clarity act will be more permissive

Coinbase's CEO says ethics killed the crypto bill. The SEC will finish it. Brian Armstrong says the ethics deal is what killed the Clarity Act, not the banks and not stablecoin rewards. In his first interview since the 49 to 50 vote, the Coinbase CEO says the draft that failed was a good bill, that 95% of what both sides wanted was already agreed, and that he now assumes it is dead. His answer is to stop waiting for Congress. SEC Chair Paul Atkins and CFTC Chair Mike Selig have both said they will write rules under existing authority, and Armstrong argues that path is more permissive than the bill would have been. Timestamps 0:00 First comments since the vote 0:54 He said no bill beats a bad bill. Was this a good one? 2:12 What actually killed it 4:04 A vote against the bill was a vote for no ethics rules 6:20 Is it dead, and can Tillis revive it 8:15 The banks and the stablecoin rewards they fought over 9:56 What the SEC and CFTC can do without Congress 11:23 Why the accredited investor rules bother him 14:31 Whether agency rules survive a change of administration 18:22 Why legislation would have brought more competition 19:59 Tokenized stocks, and why they launched in Abu Dhabi 24:05 Building the everything exchange 27:52 Paying AI agents in stablecoins 30:13 Why he thinks the AI panic is overblown 34:25 Bitcoin cycles Featuring Brian Armstrong, Co-founder and Chief Executive Officer, Coinbase, with Scott Melker, Host, The Daily Wolf, Yahoo Finance. #Coinbase #BrianArmstrong #Crypto #ClarityAct #SEC #CFTC #YahooFinance #ScottMelker #DailyWolf == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571

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