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Coinbase CEO Brian Armstrong believes Bitcoin could reach $1 million per coin by the end of this decade \u2014 but only if policymakers hold the line against bank lobbyists trying to choke the industry.<\/p>\n
\u201cI think Bitcoin could reach $1M by ~2030 based on current conditions and progress,\u201d Armstrong posted<\/a> this week along with an interview on Fox Business<\/em>.\u00a0<\/p>\n Armstrong pointed to regulatory clarity, U.S. government Bitcoin reserves, and ETF adoption as key drivers of demand.<\/p>\n His optimism comes as Congress works with<\/a> two major pieces of crypto legislation: the Genius Act<\/a>, providing rules for stablecoins was signed into law earlier this year, and the broader Clarity Act, which establishes market structure<\/a> for all non-stablecoin assets.\u00a0<\/p>\n Armstrong, who has been roaming Capitol Hill to advocate for the measures, called the legislation \u201chistoric\u201d and credited President Donald Trump and Sen. Bill Hagerty (R-TN) for pushing the U.S. toward becoming<\/a> the \u201ccrypto capital of the world.\u201d<\/p>\n But he warned that big banks are already trying to derail progress. Their latest target: banning rewards programs tied to stablecoins and bitcoin, which threaten the lucrative credit card rewards industry.<\/p>\nCrypto exchanges as a \u2018bank replacement\u2019<\/strong><\/h2>\n