You Won’t Believe What Coinbase CEO Said About the Crypto Bill!

by

Key Highlights

  • Brian Armstrong thinks a “win‑win‑win” is the bar of hope, like cross‑genre pizza that somehow has carrots, pepperoni, and eggplant.
  • The CFTC is slated to shadow Bitcoin and Ethereum, while the SEC is supposed to be a ‘friendly neighbor’ cleaning up the mess.
  • Senate squabbles about stablecoins and DeFi have slowed things down, and Coinbase pulled its support, claiming innovation is like a fragile plant-if you keep poking it, the flowers die.

The U.S. crypto sector is hanging by a thread, and lawmakers are hammered out a bill that could finally nail down the chaos. Brian Armstrong, the guy who still thinks he’s the kid in a better-looking house, took to X-because Twitter’s the new town hall-to say, “Market structure is making great progress, and I believe we’re going to reach a win‑win‑win outcome. A win for the crypto industry. A win for the banks. And most importantly, a win for the American consumer.”

Market structure is making great progress, and I believe we’re going to reach a win‑win‑win outcome.

A win for the crypto industry.
A win for the banks.
And, most importantly, a win for the American consumer. – Brian Armstrong (@brian_armstrong) February 18, 2026

Armstrong went on CNBC, trying to sound like a preacher on a Sunday. “We’re here meeting with crypto companies, bank representatives, and senators to see if we can get to a solution on market structure,” he said, as if winning a contract was a bake‑off rather than a negotiation. He pointed out stablecoin incentives that feel like a revolving door for the impatient, and regulatory clarity that’s currently as clear as a double‑espresso on a rainy day.

Legislative progress and regulatory oversight

The CFTC’s chair, Michael Selig, said the bill is “on the cusp” of being finished-cusp, not kiss. The law is set to spell out who does what, guidelines for exchanges, brokers, and token types, and keep future policy flips from being a party trick. It’s meant to put stable rules in place, so people stop feeling like they’re playing hopscotch in a hurricane.

Under the plan, the CFTC will take the lead on Bitcoin and Ethereum, like a gatekeeper at the party’s entrance. Exchanges and brokers get 180 days to register or face a provisional ban, no holding your breath again. The SEC and CFTC will huddle for 18 months to untangle tricky bits-think of it as a less awkward family dinner, but with more paperwork.

Senate dynamics and industry concerns

The Senate Agriculture Committee nudged the bill forward in January-12-11 vote, as close as a last-minute pizza order. Yet it still has to piggyback on the SEC‑headed portion curated by the Senate Banking Committee. Stablecoin standoffs and the DeFi debate turned the bill into a slow‑cooked stew, with delays and a dash of frustration.

Armstrong withdrew Coinbase’s support, citing a pseudo‑ban on tokenized equities and the diminishing power of the CFTC. “We’d rather have no bill than a bad bill,” he grumbled, reminding us that giddy optimism without solid foundations is like building a bridge out of gum‑drop sweets-sweet to look at, but the first sneeze obliterates it.

Notable Democratic amendments-like halting federal support for digital assets, stopping crypto ATM fraud, or preventing federal bailouts-fizzled out. Senator Cory Booker blasted the GOP‑only process, saying bipartisan cooperation had become a myth. Meanwhile, Agriculture Committee Chairman John Boozman said the bill clearly defines digital commodities and gives the CFTC the tools it’s missing. We all know what that sounds like: a bunch of bureaucrats sighing when they get a new set of keys.

The U.S. crypto market might finally gain the much‑needed order that investors and companies crave. Brian Armstrong’s optimism, as playful as a child thinking a sock cabinet is a treasure chest, shows that, in theory, we can achieve a workable solution. Whether it’s a polished outcome or a rough patch of confusion will determine if the U.S. can claim the title of crypto world leader.

Read More

2026-02-19 10:45