After four months of stalemate, the Tillis-Alsobrooks compromise text dropped Thursday night. The Senate has until May 21 to do something with it, or the bill goes back on the shelf until 2030.
Revenue down 31%. Stock down 5%. 700 employees gone. And the company added Bitcoin to its treasury the same quarter it posted a $482 million unrealized crypto loss.
88 trades over nine months. Average price: $350. The stock is at $170 now. The sales stopped in January. The losses started in Q1.
Brian Armstrong's January opposition to the CLARITY Act contributed to a Senate Banking Committee delay that stalled the bill for months. On April 11 he reversed that position, backing the current draft and aligning with Treasury Secretary Bessent's call for Congress to act — though the Senate committee has still not scheduled a markup.
Agentic.market lets autonomous AI agents discover and pay for services in stablecoins with zero API keys. 480,000 agents are already transacting across the underlying x402 network.
Brian Armstrong refers to the co-founder and CEO of Coinbase, a central figure in the evolution of the cryptocurrency industry — covering his leadership decisions, public statements, and policy advocacy — including his stance on U.S. crypto regulation, exchange transparency, decentralization, and institutional adoption, as well as his influence on market sentiment and the broader direction of the digital asset ecosystem.
