Brian Armstrong presses lawmakers this week in Washington to pass market structure legislation for crypto. He says the bill would help keep crypto companies in the U.S., protect consumers, and stop a repeat of rules set by a future SEC chair like Gary Gensler.
He has met with members of both parties and asked the public to join @standwithcrypto so they can be alerted when it’s time to contact their representatives.
Armstrong’s push in Washington
Brian Armstrong says he spent recent days in the capital meeting lawmakers and staff. He framed the issue as urgent.
He told aides and allies that clear market rules will let the industry grow here while giving people safeguards. He also warned that without new laws, regulators with a strict approach could limit U.S. options for crypto firms.
A public call to act
Armstrong asked supporters to sign up with a group called @standwithcrypto. He said the list will tell people when to contact their representatives. He argued that a public response would help move the bill through Congress.
He described support as bipartisan but said final passage will need active backing from voters and businesses.
A tight window for reform
Armstrong told followers there is a narrow window this week for Congress to take meaningful steps. He said lawmakers must move quickly to shape rules for stablecoins and other digital assets.
He warned that delays could leave the industry to be shaped by regulators rather than by elected officials and written law.
Regulators propose changes to trading rules
Meanwhile, UnoCrypto reported that SEC Chair Paul Atkins and CFTC Acting Chair Caroline Pham released a joint proposal to update market rules. They suggested allowing U.S. securities markets to trade around the clock.
They also asked for relaxed limits on crypto-linked products. The agency leaders said the idea is to align U.S. rules with markets that operate 24/7, like many crypto venues and some overseas exchanges.
Why do the proposals matter?
If markets can trade continuously, it could reduce friction between traditional markets and crypto platforms. Proponents say this would help market participants manage risk when trading never stops.
Critics worry such changes could raise new challenges for oversight and investor protection. Lawmakers will weigh those points as they consider any bill.
Bipartisan tone, but hard choices ahead
Armstrong has stressed that support spans both parties. Still, lawmakers face choices about oversight, consumer protections, and how to divide authority between agencies.
The executive branch recommendations from the SEC and CFTC add fresh material for the debate. Each side will press for rules that match their view of how to keep markets fair and safe.
What happens next?
Congress will need to draft text, hold hearings, and move through committees before any law can pass. Armstrong and other industry leaders will continue to press for swift action.
The public alerts from groups like @standwithcrypto could shape how fast lawmakers respond.
A deciding moment for U.S. crypto policy
Lawmakers now face a decision that could steer the industry’s future. Strong action could lock in a U.S.-based path for crypto and stablecoins. Slow or fragmented action could leave the matter to regulators or foreign markets.
The coming days will reveal whether Congress can act quickly enough to establish a clear framework for digital assets and the investors who utilise them.
Also Read: U.S. House GOP Links CBDC Ban With CLARITY Act In New Measure Of Crypto Push