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Coinbase CEO Brian Armstrong declared that comprehensive crypto market structure legislation is now "closer than ever" to being enacted — a signal that the long-stalled regulatory framework the industry has been lobbying for may finally be within reach on Capitol Hill.
Market structure legislation would define which digital assets fall under SEC versus CFTC jurisdiction, a foundational question that has kept institutional capital on the sidelines and left exchanges operating under persistent legal ambiguity. Armstrong's read carries weight: Coinbase has been one of the most active corporate voices in Washington on this file, and his public optimism suggests the legislative calendar is moving in the industry's favour.
A passed bill would be a structural tailwind for the entire US crypto ecosystem — clearing the path for broader institutional participation, new product launches, and a…
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