Faryar Shirzad, Coinbase's chief policy officer, predicts quick passage of crypto legislation through Congress once Donald Trump becomes president. While he anticipates only a small chance of action during the post-election period, Shirzad expects significant progress in 2025, including market structure and stablecoin legislation.
Faryar Shirzad , chief policy officer at Coinbase , said he sees crypto legislation making its way through Congress "fairly quickly" following President-elect Donald Trump 's win.
LONDON — Coinbase's top policy executive expects the United States to rapidly regulate the cryptocurrency industry once Donald Trump becomes president.Faryar Shirzad, chief policy officer at Coinbase, told CNBC he sees crypto legislation making its way through Congress"fairly quickly" after the Republican president-elect — who ran on a notoriously pro-crypto policy platform — enters the White House., gaining control of both the House of Representatives and the Senate.
, which aims to establish a legal framework for digital assets. That bill passed in the House of Representatives earlier this year. Even if Congress doesn't give the crypto laws a green light this year, Shirzad expects"significant movement and hopefully passage of both market structure legislation and stablecoin legislation" in 2025.Trump's election win marked a major victory for the crypto industry — but it also highlighted the power of the crypto lobbying machine.
Crypto Legislation Coinbase Donald Trump Faryar Shirzad Congress Stablecoin
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