Brian Armstrong confirmed meetings with bank CEOs at Davos to advance the crypto market structure bill.

He plans to negotiate with banks on stablecoins before taking proposals back to U.S. lawmakers.

Coinbase CEO Brian Armstrong will be meeting with bank executives to negotiate the terms of the U.S. crypto market structure bill during the World Economic Forum in Davos this week.

Coinbase CEO Brian Armstrong will meet with bank executives at the World Economic Forum to push for changes to the stalled crypto bill.

Armstrong withdrew support for the CLARITY Act after reviewing a Senate draft last week.

He says there has been 'a lot' of progress on crypto market structure legislation and it could pass in January.