Coinbase Snubs Senate Crypto Bill, But Brian Armstrong Might Still Want A Compromise
Posted On January 29, 2026
Coinbase Global Inc. (NASDAQ:COIN) is pulling back its support for a major U.S. crypto market structure bill, but HSBC Holdings (NYSE:HSBC) analysts say the legislation isn’t dead yet.
No Bill Or Compromise Bill?
HSBC says a “reasonable compromise” is still on the table despite CEO Brian Armstrong‘s “no bill is better than a bad bill” stance.
The bank argues that legislative clarity is the only way to unlock massive institutional adoption from …