Brian Armstrong, the CEO of Coinbase, has claimed that Coinbase is not a cryptocurrency. “very likely” Bitcoin could reach $300,000 – $400,000 between 2030 and 2030.
Fox Business Network – Speaking Varney & Co. Show Thursday, crypto entrepreneur and said After a White House meeting, it was agreed that crypto legislation in the U.S. is moving in the correct direction.
On Wednesday, Donald Trump was inaugurated as President. hosted Crypto executives, traditional finance giants and lawmakers urged to push forward the legislation at the White House. Clarity Act. Bitcoin surged after the news, and recently was 10% higher over the previous day.
“I think over the next couple of years — if I say 2030 — I think it’s very likely we’ll see $300,000 and $400,000 Bitcoin and we’ll see how it goes,” Armstrong said
Then he added: “Just yesterday, we had this meeting with the president and the top regulators at the SEC and CFTC and that was the big topic of conversation — there was a big sense of urgency from this administration: let’s get Clarity done, let’s get it over the line.”
Many lawmakers had hoped to pass the Clarity Act during August. However, after an a delayA new vote will take place in September.
The long-awaited bill will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for.
Trump said on Wednesday that lawmakers must pass this bill. “very, very powerful” Legislation is a piece of legislation.
Clarity Act was stuck for most of 2026 due to a conflict between the banking lobby and the crypto industry over the issue of stablecoins. Some banks were concerned that their deposits could be at risk if cryptocurrency companies paid their clients excessive rewards for the stablecoins held by their clients.
Armstrong dismissed any concerns that banks might have and stated that many banks had applauded the new legislation.
“There’s actually a number of banks who’ve come out and endorsed the Clarity Act,” “He said” “Most banks recognize that it gives them new powers that allow them to grow their business with this new technology, which is great. There’s still a few holdout banks, I would say, that are against it.”
This video is courtesy of FOX Business Network. Varney & Co.
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Source: bitcoinmagazine.com
