Brian Armstrong Reflects on U.S. Election Results
Brian Armstrong, CEO of the crypto exchange Coinbase, shared insights on the outcomes of the Nov. 5 election in the United States.
Key Takeaways:
- Republican Donald Trump was elected as the 47th president.
- Pro-crypto Republican Sen. Bernie Moreno won against Democrat Sen. Sherrod Brown in Ohio, who had previously advocated for crypto crackdowns related to terrorism financing.
Armstrong stated, "DC received a clear message that being anti-crypto is a good way to end your career," emphasizing the voters' discontent with the current financial system.
Yet, notable crypto critic Sen. Elizabeth Warren retained her seat for a third term, securing nearly 60% of the votes against Republican challenger and cryptocurrency advocate John Deaton.
Armstrong mentioned that Coinbase and the venture firm a16z have contributed additional funds to Fairshake, a pro-crypto super political action committee (PAC) which has raised $78 million for the 2026 midterms.
He concluded, "Crypto is here to stay from a policy POV, and we're going to keep showing up until we see sensible legislation passed which protects consumers, and the industry, from future attacks. We are going to see this industry be built in America."
Comments (0)