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Coinbase CEO: From a policy perspective, cryptocurrencies will continue to exist until the industry is established in the U.S.
2024-11-07 00:14
Odaily News Coinbase CEO Brian Armstrong said in a post on X: "Washington, DC has received a clear message that opposing cryptocurrency is a 'good way' to end a career because it does not represent the will of the voters, who are dissatisfied with the current financial system and want to make changes." Armstrong pointed out, "From a policy perspective, cryptocurrencies will continue to exist and we will continue to appear until we see reasonable legislation passed to protect consumers and industries from future attacks, and we will see this industry established in the United States." It is worth mentioning that cryptocurrency critic, Massachusetts Democratic Senator Elizabeth Warren, retained her third term with nearly 60% of the votes, thus repelling her Republican challenger, cryptocurrency advocate and lawyer John Deaton.