Coinbase CEO: A "win-win-win" situation can be achieved between the White House, banks, and the crypto industry on crypto infrastructure legislation.

Coinbase CEO Brian Armstrong stated in a post on the X platform that Coinbase recently participated in two White House meetings, where the White House, banks, and the crypto industry were able to achieve a "win-win" situation regarding crypto structural legislation. Coinbase will continue to prioritize core consumer rights, including stablecoin rewards mechanisms, and is confident in driving a "win-win" solution that balances crypto policy agendas with banks' concerns, while ensuring that the interests of crypto users are prioritized. Armstrong added that Coinbase actively promoted related issues before the industry widely focused on market structure and will continue to participate in policy discussions. However, while the GENIUS bill was passed six months ago, its current re-examination may have a significant long-term impact on the platform's customers.