Armstrong believes the future of crypto can best be moved forward when more pro-crypto lawmakers are at the helm of affairs.
Brian Armstrong, the Chief Executive Officer of American publicly listed trading platform, Coinbase Global Inc (NASDAQ: COIN) has advocated for more inclusive representation of pro-crypto individuals in US politics. Speaking in a Twitter Spaces event Armstrong admonished crypto proponents to “contact their congressman, donate to pro-crypto candidates, show up at town halls”.
The comments followed the move by the United States Securities and Exchange Commission (SEC) in sending the trading platform a Wells Notice implying there may be a regulatory crackdown underway. According to Armstrong, the exchange will start sponsoring pro-crypto candidates in US elections.