Core Viewpoint - Coinbase CEO Brian Armstrong stated that the company cannot support a draft legislation introduced by U.S. senators aimed at creating a regulatory framework for cryptocurrency [1] Group 1 - The draft legislation seeks to establish a regulatory framework for the cryptocurrency industry [1] - Armstrong's comments reflect Coinbase's position on regulatory developments in the U.S. [1] - The company's stance may influence its operations and compliance strategies moving forward [1]

Coinbase Global (COIN) CEO Brian Armstrong said Wednesday his crypto exchange "unfortunately can't support" the latest draft of the U.S. Senate's crypto market structure bill. Earlier in the week, Senate Banking Committee Chairman Tim Scott released the updated draft of ...

（来源：吴说） 吴说获悉，Coinbase CEO Brian Armstrong 表示，在审阅参议院银行委员会发表的加密货币市场结构法 案草案后，Coinbase 无法支持该版本立法。其指出，草案存在多项问题，包括事实上限制代币化股票、 对 DeFi 设定禁止性条款并扩大政府对个人金融记录的访问权限、削弱 CFTC 的监管权力并使其从属于 U.S. SEC，以及通过修正条款限制稳定币收益、赋予银行压制竞争的空间。 ...

Binance’s (CRYPTO: BNB) spot trading dominance collapsed to 25% in December—its lowest level since January 2021—as offshore rivals Bybit, HTX, and Gate.io absorb volume while on-chain platform Hyperliquid (CRYPTO: HYPE) rewrites how traders access leverage.Spot Share Down 58% From 2023 PeakBinance handled close to 60% of all spot crypto trades at its 2023 peak after the FTX collapse.That number cratered to 25% in December, down from 28.5% in November, according to CoinDesk Data.The decline marks the exchang ...

Core Viewpoint - The upcoming legislative vote is critical for the crypto industry, with only a 25% chance of bipartisan support to advance the bill, which could determine the regulatory landscape for crypto through 2027 [1][2]. Group 1: Legislative Scenarios - Scenario 1: Bipartisan Win (25% probability) - Requires all Republicans and two to four Democrats to support the bill, potentially advancing it to the Senate floor with momentum, similar to the stablecoin bill that received 68 votes [3]. - Scenario 2: Partisan Advance (50% probability) - Republicans may push the bill through committee alone, but it is likely to fail on the Senate floor without Democrat support, extending the timeline for regulatory clarity [4]. - Scenario 3: Failed Markup (25% probability) - The bill may not escape committee, delaying any legislation until after the 2026 midterms, pushing it into 2027 or beyond [4]. Group 2: Current Industry Challenges - The debate has shifted from defining securities versus commodities to a more complex "Christmas tree bill" with various amendments being proposed [5]. - Key sticking points include the regulation of DeFi, particularly the compliance requirements for non-custodial wallet developers, which are viewed as fundamentally unworkable [6]. - The potential for a bad bill could be more detrimental than no bill at all, as the industry is already achieving some regulatory relief under new SEC and CFTC leadership [6]. Group 3: Implications for Major Players - Coinbase and Robinhood both require regulatory clarity to enhance institutional adoption, but poorly defined regulations could jeopardize their crypto operations [8]. - Coinbase's CEO is actively lobbying for the bill, emphasizing the exchange's significant user base of over 100 million, while Robinhood is expanding its offerings to include crypto and prediction markets [7]. Group 4: Upcoming Legislative Actions - The text of the bill and proposed amendments will be made public shortly, with senators required to submit amendment proposals by a specific deadline [10]. - The Thursday hearing will reveal which amendments receive votes and whether any Democrats will cross party lines to support the bill [10]. Group 5: Broader Regulatory Concerns - The risk of codifying restrictive rules into federal law could have long-term implications, especially if future administrations are hostile to the crypto industry [6]. - Specific regulatory questions remain, such as whether DeFi developers will need to register with the SEC and comply with KYC/AML requirements, and how stablecoin issuers can manage interest earned on reserves [9].

Key Takeaways Circle's USDC-led infrastructure saw circulation reach $73.7B, lifting market share to 29%.CRCL posted 66% revenue and 78% EBITDA growth, and 57% margins as payments and cross-chain products scaled.COIN remains tied to crypto price swings, with rising costs and regulatory uncertainty pressuring margins.Circle Internet Group (CRCL) and Coinbase Global Inc. (COIN) are crypto-financial infrastructure providers with distinct but complementary business roles. Circle is the issuer of USD Coin (USDC) ...

随着参议院委员会审议两党共同提出的《CLARITY法案》，Coinbase（COIN）和其他美国数字资产公 司可能获得更明确的监管框架。该法案划分了SEC/CFTC的监管职责，打击非法金融，并保留了自我托 管和开发者保护条款。 随着参议院委员会审议两党共同提出的《CLARITY法案》，Coinbase（COIN）和其他美国数字资产公 司可能获得更明确的监管框架。该法案划分了SEC/CFTC的监管职责，打击非法金融，并保留了自我托 管和开发者保护条款。 责任编辑：张俊 SF065 责任编辑：张俊 SF065 ...

Looking into the current session, Coinbase Global Inc. (NASDAQ:COIN) shares are trading at $258.65, after a 2.36% increase. Moreover, over the past month, the stock increased by 5.92%, but in the past year, fell by 8.16%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. A Look at Coinbase Global P/E Relative to Its CompetitorsThe P/E ratio measures the current share price to the company's EPS. It is used by long ...

比特币2025年以低迷态势收官，全年累计跌幅逾6%，交易区间狭窄。但1月该代币显露出了潜在突破迹 象，交易员认为它有可能在资产类别竞争中占据优势。Arctic Digital 的研究主管Justin d'Anethan表 示："中期来看，我认为投资者可能会基于'追赶黄金行情'的逻辑，向比特币分配更多资金——而目前 其他风险资产也表现强劲。" 智通财经APP获悉，周三，部分加密货币概念股盘中走强，Strategy(MSTR.US)涨逾9%，Bitmine Immersion Technologies(BMNR.US)涨逾7%，Strive(ASST.US)涨逾4%，Coinbase(COIN.US)涨逾2%。消 息面上，今日，比特币价格触及两个月来的高点，一度上涨 2.4%，达到 96,348 美元，创下自 11 月 16 日以来的最高盘中水平。第二大代币以太坊也一度大涨逾5%。 ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start 2026, consider joining Out Fox The Street .Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager. Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential ...