The SEC’s 2026 regulatory agenda outlines three rule-making processes to reconstruct broker infrastructure. These changes would permit platforms like Coinbase to facilitate both cryptocurrency and traditional stock trading within a single account under one license.
This proposal represents the most significant U.S. crypto regulatory shift since the approval of spot Bitcoin ETFs. The new framework allows Coinbase to compete directly with Robinhood by integrating stock brokerage into its crypto-native platform.