Coinbase CEO: From a policy perspective, cryptocurrencies will continue to exist until the industry is established in the United States
2024-11-07 00:28:32
Brian Armstrong, chief executive of Coinbase, wrote in an 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 voters who are unhappy with the current financial system and want change."
"From a policy perspective, cryptocurrencies are here to stay, and we're here to stay until we see reasonable legislation passed to protect consumers and the industry from future attacks, and we're going to see this industry established in the United States," Armstrong noted.
It is worth noting that cryptocurrency critic and Massachusetts Democratic Senator Elizabeth Warren retained her third term with nearly 60% of the vote, fending off her Republican challenger, cryptocurrency advocate and lawyer John Deaton.
"From a policy perspective, cryptocurrencies are here to stay, and we're here to stay until we see reasonable legislation passed to protect consumers and the industry from future attacks, and we're going to see this industry established in the United States," Armstrong noted.
It is worth noting that cryptocurrency critic and Massachusetts Democratic Senator Elizabeth Warren retained her third term with nearly 60% of the vote, fending off her Republican challenger, cryptocurrency advocate and lawyer John Deaton.
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