Coinbase CEO Demands Swift Stablecoin Laws as $240B Threatens to Exit U.S.

Coinbase CEO Brian Armstrong is pushing Congress to pass stablecoin and crypto market regulations before the August recess. Specifically, he's urging the Senate to advance the GENIUS Act, which would establish federal guidelines for stablecoin issuers, and the House to refine and pass the FIT21 bill, aimed at clarifying regulatory oversight for digital assets