Coinbase CLO: Pro-Crypto Congress Coming Regardless of Election Outcome
CryptoNewsTerminal Staff03 Sep, 2024
Coinbase CLO: Pro-Crypto Congress Coming Regardless of Election Outcome
Coinbase's Chief Legal Officer (CLO), Paul Grewal, told Bloomberg Crypto that "the Trump campaign has been very receptive to crypto and the Harris campaign has also expressed interest in engaging, so I think regardless of who wins the election, we're going to have a pro-crypto Congress." Coinbase's Chief Policy Officer, Faryar Shirzad, was previously reported to have attended policy discussions with the Harris campaign. This is a significant development for the cryptocurrency industry, as it indicates that there is bipartisan support for crypto-friendly policies. This could lead to a more favorable regulatory environment for cryptocurrencies in the United States, which could in turn boost the industry's growth.
