At the World Liberty Forum in Mar-a-Lago, Brian Armstrong, CEO of Coinbase (NASDAQ:COIN), joined Senator Bernie Moreno (R-Ohio) to discuss the future of U.S. crypto regulation, stablecoins and Bitcoin's long-term outlook.
"Bitcoin Is Just Getting Started"
"Bitcoin (CRYPTO: BTC) is just getting started," Moreno said, pointing out that he would rather buy Bitcoin than gold.
Coinbase CEO Armstrong dismissed price concerns, saying crypto remains one of the top-performing asset classes long term despite pullbacks and volatility. Bitcoin, he argued, continues to mature as an institutional-grade asset.
Armstrong also clarified that Coinbase did not "block" the recent crypto market structure bill but raised concerns, particularly around restrictions on stablecoin yield rewards.
Those objections, he said, prompted lawmakers to revisit negotiations.
He believes a compromise is near and could deliver a "win-win" outcome for crypto firms, banks and consumers.
If momentum continues, legislation could reach President Donald Trump within months most likely by April 2026.
Moreno echoed that optimism, arguing stablecoin rewards would increase consumer returns, enable faster payments and boost competition in financial services.
Both pushed back against claims that stablecoin yields threaten traditional banks, instead framing them as innovation that strengthens U.S. financial leadership and global dollar dominance.
Moreno further argued that stablecoins could reinforce the U.S. dollar's global role and potentially lower Treasury borrowing costs.
Armstrong added that major financial institutions are already partnering with Coinbase and integrating crypto services.
Bitcoin’s Quantum Threat And Prediction markets
Addressing concerns about quantum computing potentially breaking blockchain security, Armstrong said the industry is actively preparing for post-quantum cryptographic upgrades and does not see it as an existential threat.
The discussion also touched on prediction markets.
Armstrong supports oversight by the Commodity Futures Trading Commission (CFTC), particularly as state-level challenges emerge.
He said Coinbase is evolving toward an "everything exchange" model covering multiple asset classes.
Both speakers framed regulation as a defining moment: blockchain innovation will continue globally regardless, but the key question is whether the United States leads that innovation or allows it to move overseas.
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