A new law is being written in Washington to set clear rules for how crypto works in the U.S.
• Both Democrats and Republicans agree on 90% of it.
• They just need to fix the last 10% — like how to handle DeFi (decentralized apps) and stablecoin rewards (interest on digital dollars).
• Coinbase wants rules on the middlemen, not the tech itself.
• The banking industry is trying to block the rewards part.
They hope the Senate committee finishes by Thanksgiving.
Another crypto CEO (from Galaxy) says:
“If this law passes soon, crypto prices could shoot up fast.”
Bottom line: A big crypto-friendly law is close to passing — and that could be great news for Bitcoin and other coins.