Coinbase CEO joins White House talks on crypto bill

Coinbase CEO Brian Armstrong said he is heading to Washington, D.C., to meet with Senate Democrats, Republicans, and White House officials as momentum builds for long-awaited crypto market structure legislation.

In a post on X on Oct. 22, Armstrong said he was “excited to roll up our sleeves with key decision makers to get market structure to @POTUS desk.” The Coinbase chief noted that bipartisan commitment to regulatory clarity has reached “an all-time high,” adding that lawmakers are pressing ahead with discussions “even during a shutdown.”

The meetings mark another round of high-level engagement between crypto industry leaders and U.S. policymakers amid calls for clearer federal rules governing digital assets.Brian Armstrong at TechCrunch Disrupt 2018Techcrunch, Flickr

Federal Reserve's roundtable conference

A day earlier, the Federal Reserve held a first-of-its-kind Payments Innovation Conference where crypto and DeFi industry experts, including Coinbase's CFO Alesia Haas, were present as panelists. Other panelists included Ark Invest CEO Cathie Wood, Chainlink Co-Founder & CEO Sergey Nazarov, Circle President Heath Tarbert, Franklin Templeton CEO Jenny Johnson, and many more.

Panels were held to discuss topics such as bridging traditional finance with the digital asset ecosystem, use cases of stablecoin, AI in payments, and tokenized products.

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Policy makers on crypto

The Senate and policymakers on both the Democratic and GOP blocs are taking steps to embrace crypto and digital assets. On Oct. 14, Rep. Troy Downing (R-Mont.)  put forward the Retirement Investment Choice Act, a legislation aimed at codifying former President Donald Trump’s Executive Order 14330. The bill seeks to “democratize access” to alternative assets, including digital currencies, for 401(k) investors across the United States.

Related: Coinbase CEO Arranges Private Discussions With Capitol Hill Democrats on Crypto

Members of the Senate Banking Committee are also reportedly working on a digital asset bill aimed at defining how the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) share oversight of the crypto market.

This story was originally reported by TheStreet on Oct 22, 2025, where it first appeared in the Trading News & Analysis section. Add TheStreet as a Preferred Source by clicking here.

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