Policy & Regulation
‘Most Pro-Crypto Congress Ever’ – Brian Armstrong Says US Voted for 257 House Candidates Favoring Digital Assets
Credit : dailyhodl.com
Coinbase CEO Brian Armstrong says the US election outcomes are an enormous victory for the crypto trade.
In a prolonged put up on the social media platform
Coinbase bosses say Individuals went to polls partially to indicate their disgust at how Gary Gensler, chairman of the U.S. Securities and Alternate Fee (SEC), and Senator Elizabeth Warren tried to strangle the trade for years.
“The nation utterly rejected the work of Senator Warren and Gary Gensler, who spent years attempting to unlawfully kill our trade…
This subsequent congress would be the most pro-crypto congress ever. Stand With Crypto voters confirmed up in droves to assist elect pro-crypto candidates in practically each district on each side of the aisle. (257 pro-crypto candidates elected to the Home of Representatives).”
Coinbase-backed digital asset advocacy group Stand With Crypto exhibits that voters have elected 267 pro-crypto candidates to the Home of Representatives and 18 to the Senate, with newly elected President Donald Trump on the helm.
Stand With Crypto offers Trump an “A” score, which means the incoming US president strongly helps digital belongings.
Whereas the 2024 US elections proved to be a significant victory for crypto, Armstrong says the struggle is much from over.
“Lastly, crypto is right here to remain, from a coverage (viewpoint), and we’ll proceed to indicate up till we see smart laws handed that protects customers and the trade from future assaults. We are going to see this trade being inbuilt America.
Coinbase and A16Z (Andreessen Horowitz) have contributed further funding to Fairshake, which already has roughly $78 million to spend within the 2026 interim installments. Stand With Crypto, which presently has 1.9 million advocates, has set a aim to fight the to succeed in 4 million advocates by 2026.”
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