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Nellius Irene

Coinbase CEO: banks undermine Trump's crypto; Jan 17, 2026 warns on Senate bill

On January 17, 2026, Coinbase CEO Brian Armstrong said a Senate Banking market-structure draft could block stablecoin interest and weaken the CFTC. In a Fox Business interview, he alleged major banks seek to undermine Donald Trump's crypto agenda and added Coinbase cannot support the bill after a 48-hour review.