The post Coinbase CEO Backs GENIUS Act as U.S. Stablecoin Vote Nears appeared first on Coinpedia Fintech News
Brian Armstrong has an incredible hold on the crypto community. So when the Coinbase CEO broke his silence Tuesday with just two words – “Getting closer” – everyone paid attention.
His message, shared on X, followed a tweet from Kara Calvert, Coinbase’s head of U.S. policy, praising bipartisan Senators for pushing the GENIUS Act to the Senate floor. “Huge thanks to @LeaderJohnThune for bringing the finish line within reach. This is what leadership looks like,” she wrote.
Thank you @LeaderJohnThune for moving the GENIUS Act to the senate floor! Getting closer. https://t.co/y1EsE1Pcjv
— Brian Armstrong (@brian_armstrong) June 10, 2025
The finish line in question is the first real shot at U.S. stablecoin regulation. And the vote hits the Senate floor on June 11.
All About the GENIUS Act
After weeks of closed-door negotiations, the GENIUS Act now
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