Coinbase Lobbies Against Senate Stablecoin Bill Amid President Trump’s August Crypto Legislation Deadline and Market Structure Debate

Coinbase, the largest cryptocurrency company in the United States, is actively lobbying against the Senate’s upcoming stablecoin bill, which is expected to be put to a vote within the next two weeks. The company is concerned that passing the standalone stablecoin legislation could reduce lawmakers’ willingness to approve a broader market structure bill later. This internal conflict comes as President Donald Trump aims to have comprehensive crypto legislation enacted by August. Stakeholders remain divided on whether to prioritize the passage of a standalone stablecoin bill or to integrate it with a market structure framework. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant