Coinbase CEO Pushes for Removal of Crypto-Skeptic Politicians
CryptoNewsTerminal Staff03 Jun, 2024
Coinbase CEO Pushes for Removal of Crypto-Skeptic Politicians
Coinbase CEO Brian Armstrong recently called for the removal of anti-crypto politicians from office, emphasizing the need for a bipartisan approach to establish clear crypto regulations. In a blog post titled "How to unlock crypto policy clarity," Armstrong stressed the importance of supporting pro-crypto candidates and voting out anti-crypto incumbents. "Crypto is a truly bipartisan issue," he wrote, highlighting Coinbase's significant investment in shaping crypto policy. Coinbase has already demonstrated its commitment to crypto policy advocacy by contributing $25 million to Fairshake, a crypto and blockchain-focused super-PAC. Armstrong stated that the company will continue investing in this area for the next 10 years to protect customer rights and promote economic freedom. Armstrong's call to action aligns with the growing recognition of the need for clear and sensible crypto regulations. As the industry continues to evolve, it faces a complex and evolving regulatory landscape. By working together to remove anti-crypto politicians from office and support pro-crypto candidates, the crypto community can help ensure that regulations foster innovation and protect consumers.
