Coinbase CEO, Brian Armstrong, has called for greater representation of pro-crypto politicians in US politics. Armstrong emphasized the importance of the crypto community supporting pro-crypto candidates and making their voices heard.
The comments come after the US Securities and Exchange Commission (SEC) issued Coinbase with a Wells Notice, implying that there may be a regulatory crackdown underway.
Coinbase has been vocal in its criticism of the SEC’s regulatory approach, and Armstrong’s latest comments indicate that the exchange is preparing to fight back through politics.
Armstrong believes that the future of crypto can only be advanced with more pro-crypto lawmakers in charge. Coinbase plans to sponsor pro-crypto candidates in US elections and is urging its users to contact their congressmen, donate to pro-crypto candidates, and show up at town halls.
