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BreakingNearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses

CryptoMarkets

Coinbase CEO Says Crypto 'On The Cusp' Of Next Bull Market, Expects Trump Ethics Offer To Help Advance CLARITY Act

Armstrong said Bitcoin spot trading now accounts for only about 12% of Coinbase's revenue, with the company expanding into other areas of crypto.

Yahoo Finance

Publisher

Aug 20, 2026 at 2:37 PM UTC · Updated hace una hora · 3 min de lectura

Coinbase CEO Says Crypto 'On The Cusp' Of Next Bull Market, Expects Trump Ethics Offer To Help Advance CLARITY Act
Image via Yahoo Finance

Entities

coinbase

Last Updated

hace una hora

Traduciendo…

  • Armstrong said Bitcoin spot trading now accounts for only about 12% of Coinbase's revenue, with the company expanding into other areas of crypto.

  • Coinbase plans to launch its tokenized equities product for non-U.S. customers from Abu Dhabi next week.

  • Armstrong identified "agentic finance" as a potentially large future market for Coinbase.

Coinbase (COIN) CEO Brian Armstrong said on Thursday that the cryptocurrency market may be "on the cusp" of the next bull market after Bitcoin (BTC) crossed the $72,000 mark in its latest rally.

In an interview with CNBC, Armstrong also said he expects the pending  Digital Asset Market Clarity Act (CLARITY) to pass in September with the 60 votes it needs. "I'm pretty optimistic it'll get over 60 votes," he stated.

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Armstrong acknowledged that ethics provisions related to President Donald Trump's crypto investments remain one of the more contentious issues surrounding the bill. "The President and the White House have put an ethics offer on the table that could go into the Clarity Act," Armstrong said.

"I think there's a good chance we're on the cusp of the next bull market for spot trading in crypto." 

– Brian Armstrong, CEO, Coinbase

Market Context

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24H High

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coinbase

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