As optimism grows for the Securities and Exchange Commission (SEC) to approve a spot bitcoin ETF (BTC-USD), Coinbase (COIN) CEO Brian Armstrong sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss his 2024 outlook, calling crypto "the future of money." Despite regulatory headwinds, Armstrong notes crypto's resilience, with prices up 90% year-to-date. However, he says the "unclear rulebook" so far features "a lot of unanswered questions," causing "consumer harm" in the absence of clear-cut regulation. With Congress and courts left to navigate standards, Armstrong views crypto oversight in the US as being "behind" that of other countries. Nonetheless, Armstrong remains bullish on further adoption driving crypto's staying power. He believes an approved spot bitcoin ETF could spur another influx of investors and institutional capital while also raising awareness — though he cautions that additional policy clarity is still needed on crypto's path towards mainstream viability as an asset class. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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