Coinbase
CEO Anticipates The
Most Pro-Crypto Congress Ever After
US Elections• Государство » Выборы » Выборы в США
Coinbase CEO Brian Armstrong predicted a significant political shift toward
pro-crypto legislation following the US• Экономика » Финансы » Платежные средства » Доллар США midterm elections• Государство » Выборы.
According to Armstrong, a more “pro-crypto Congress” is likely to emerge
regardless of the election’s outcome.
Brian Amstrong Predicts a Pro-Crypto Congress
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The Coinbase executive ascribes the expectation, in part, to the exchange’s
substantial financial contributions to crypto advocacy. With this, Armstrong
announced an additional $25 million donation to the Fairshake Super Political
Action Committee (PAC). The donation supports pro-crypto candidates nationwide
and adds to the stockpile of a similar donation in June .
“Today I m announcing that Coinbase has committed another $25 million to
support Fairshake PAC, which they will use leading up to the 2026 midterms to
elect pro-crypto candidates,” Armstrong shared on X.
Read more: How To Donate Crypto Using The Giving Block .
This commitment reflects the growing political influence of the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта
sector. It comes as Fairshake plans to deploy a total of $160 million to
support pro-crypto representatives into 2026. Coinbase’s latest contribution
builds upon other substantial financial support for pro-crypto candidates.
These include Ripple and venture capital firm a16z, among others, who also
donated to Fairshake .
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Jump Crypto, another major player in the digital asset space, also recently
contributed $10 million to Fairshake . It adds to the collaborative effort
among crypto firms to influence US• Экономика » Финансы » Платежные средства » Доллар США policy. Toward this cause, and as
BeInCrypto reported, Fairshake recently pledged to spend an additional $40
million in the current election cycle.
This is amidst a broader campaign against candidates who oppose crypto or have
supported restrictive policies. The increased investment aims to unseat some
of the most vocal critics of digital assets, including Ohio Senator Sherrod
Brown , a known advocate for stricter crypto regulations.
Crypto advocacy groups view these efforts as crucial to shaping a legislative
environment more favorable to digital assets and blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн technology. Beyond
financial contributions, Armstrong and Coinbase are also bolstering grassroots
support through the Stand With Crypto organization. Reportedly, Stand with
Crypto aims to reach four million advocates by the 2026 midterm elections• Государство » Выборы.
“We re also supporting Stand with Crypto in their stretch goal to reach
4m advocates by the 2026 midterms,” Armstrong added.
This initiative seeks to empower what Armstrong calls the “crypto voter.” This
is a growing demographic that cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта advocates believe will play a
significant role in future elections• Государство » Выборы. The crypto executive emphasized that
Coinbase and its allies are committed to “protecting customer rights and
passing sensible legislation” both in the US• Экономика » Финансы » Платежные средства » Доллар США and globally. This further
highlights the industry’s dedication to regulatory clarity and consumer
protection.
The coordinated efforts of Coinbase, Jump Crypto, and other industry leaders
signify a focused campaign to elect lawmakers who understand the benefits and
challenges of the crypto ecosystem. Similarly, it signifies a broader push for
politicians who are likely to support balanced regulatory frameworks.
Nevertheless, others like Ripple co-founder Chris Larsen donate to the
contrarian side , as he believes Kamala Harris• Объект человек » Персоналии по алфавиту » Персоналии на Ха » Харрис, Камала can support the crypto industry
through the Democratic Party• Объект организация » Организации по алфавиту » Организации на Де » Демократическая партия США’s new approach.
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“It’s time for the Democrats to have a new approach to tech innovation,
including crypto. I believe Kamala Harris• Объект человек » Персоналии по алфавиту » Персоналии на Ха » Харрис, Камала will ensure that American technology
dominates the world, which is why I’m donating $10 million in XRP in support
of her,” Larsen stated .
Read more: How To Use Polymarket In The United States• Соединённые Штаты Америки (США): Step-by-Step Guide
Donald Trump• Объект человек » Персоналии по алфавиту » Персоналии на Тр » Трамп, Дональд vs. Kamala Harris• Объект человек » Персоналии по алфавиту » Персоналии на Ха » Харрис, Камала. Source: Polymarket
Meanwhile, Americans continue to watch the clock for November 5, the US• Экономика » Финансы » Платежные средства » Доллар США
election date. Based on Polymarket data, Donald Trump• Объект человек » Персоналии по алфавиту » Персоналии на Тр » Трамп, Дональд is currently leading
with 64.6% four days before the elections• Государство » Выборы.
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