Brian Armstrong Backs Clear Crypto Rules: Says They’ll “Level the Playing Field”
May 14, 2025 — Washington, D.C.
Coinbase CEO Brian Armstrong expressed optimism this week about the future of cryptocurrency regulation in the U.S., stating that “clear rules would really level things out” for the industry. His comments come as lawmakers inch closer to bipartisan legislation that would bring long-awaited clarity to the digital asset space.
Armstrong’s remarks, posted on X (formerly Twitter), accompanied growing anticipation for the passage of the Financial Innovation and Technology for the 21st Century Act, a bill designed to establish a comprehensive framework for regulating crypto markets and distinguishing which digital assets are securities or commodities.
“Excited to see where this goes for the space,” Armstrong wrote, adding a bear and scroll emoji — symbols that some interpret as a nod to both the ongoing market challenges and regulatory developments.
Industry Leaders Call for Certainty
Crypto leaders have long called for regulatory clarity to reduce uncertainty, attract institutional investment, and avoid enforcement-by-surprise actions from agencies like the SEC. Armstrong has frequently warned that without proper legislation, innovation could shift offshore.
“Clarity in crypto laws will help level the playing field and protect consumers,” Armstrong said in a recent interview with CNBC. “It’s time the U.S. leads responsibly.”
Lawmakers Signal Momentum
The House Financial Services Committee has shown rare bipartisan cooperation, with lawmakers like Rep. Patrick McHenry (R-NC) and Rep. Maxine Waters (D-CA) indicating that crypto legislation may advance before the 2024 elections.
Sources:
- CNBC – “Coinbase CEO Brian Armstrong on crypto regulation”
- CoinDesk – “Crypto legislation gains momentum in U.S. House”
