CEX CEO: This week is a good opportunity for the U.S. Congress to advance legislation on stablecoins and market structure, urging both the House and Senate to take active action.

2025-05-06 05:43:16

On May 6, CEX CEO Brian Armstrong stated that this week, Congress faces a good opportunity to advance legislation on stablecoins and market structure. CEX strongly supports the Senate’s debate on the GENIUS Act, which requires 60 votes to pass. CEX also welcomes the House’s efforts to continue the momentum of FIT21. If comprehensive legislation is to be enacted into law before August, both the House and the Senate need to take action immediately.

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