In accordance with Cryptofrontnews, Coinbase CEO Brian Armstrong stated that the Senate Banking and Agriculture Committees are nearing completion of the Digital Asset Market Clarity Act, with potential December markups. Armstrong noted that lawmakers are finalizing jurisdictional issues between the SEC and CFTC to clarify regulatory oversight of digital assets. He also linked the legislative progress to Coinbase’s December 17 product roadmap and highlighted the firm’s declining market value and revenue amid market volatility.
Coinbase CEO Hints at December Markup for Digital Asset Market Clarity Act
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