Coinbase CEO Brian Armstrong stated on CNBC that there is "strong bipartisan support" to pass a crypto market structure bill, expressing optimism that it could happen before Thanksgiving. This development is significant for the digital asset industry in the U.S., which has long sought a clearer regulatory framework. The proposed legislation aims to define the roles of the SEC and CFTC and provide clarity on token classifications, potentially boosting investor confidence and paving the way for greater institutional adoption. This news comes as Coinbase continues to expand its product offerings. The company also announced the rollout of a crypto rewards card for its US members in partnership with American Express, offering Bitcoin rewards on purchases. While the broader crypto market has seen a slight downturn over the past week, the prospect of regulatory clarity is a key focus for investors.