$COIN $CEPT Watch Brian Armstrong from Coinbase on CNBC to
understand what is he afraid of- Securitize. He is fighting to protect its stablecoin yield revenue while complaining about tokenized equity restrictions
BUT tokenized securities is Securitize's entire business, and Securitize already has the licenses to do it.
Coinbase wants the benefits of CLARITY without the competition it would create. They're not pushing back because the bill is bad for crypto - they're pushing back because a cleaner version might be better for Securitize than for them.$CEPT. Armstrong vs Blackrock and Trump.