Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong on Thursday said “all American companies can finally start to build” the crypto industry as the Senate Banking Committee votes on the CLARITY Act.
Banks Integrating Stablecoins As Fast As They Can
Armstrong told FOX Business’ Maria Bartiromo that he speaks with lots of different bank CEOs and many of them are leaning into crypto as an opportunity to grow their business.
They’re integrating stablecoins as fast as they can and understand their clients want access to crypto assets.
“All these funds are now being tokenized and it’s just gonna make everything more efficient in the financial system,” Armstrong said.
“We’re at a place now where all American companies can finally start to build this industry. My hope is that with this legislation getting through we’re all gonna be …