Speaking at the Blockchain Futurist Conference in Toronto, Shan Aggarwal, Coinbase's chief business officer, said that the Market Structure Act (Clarity) and the Stablecoin Act (GENIUS) being considered by the US Congress are key components in building a crypto regulatory system, and the two complement each other "like the lubricant of the economy on the chain".
Aggarwal pointed out that the GENIUS Act lays the foundation for stablecoin expansion, and Clarity will enable more on-chain assets to be tokenized, facilitating the flow of funds between stablecoins, money market funds, and government bonds, thus promoting the healthy development of the entire crypto ecosystem.
Scott Meadows, head of business development at Coinbase, added that the combination of the two bills would provide clear rules for institutions and markets, unleashing new institutional interest and dynamism.
Coinbase Exec: Crypto Bill is "Lubricant of the Chain Economy", Calls for Quick Passage of Regulatory Framework
2025-11-06 21:54:34
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