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]

The SEC has officially ended its lawsuit against Ripple. Commissioners Hester Peirce and Paul Atkins said the agency will now shift focus to drafting a clear crypto regulatory framework that supports innovation and investor protection. The case had alleged Ripple raised $1.3 billion through unregistered XRP sales. https://t.co/4Ui9RwDaxC ...