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Cryptoupdates

06/14 07:26

Crypto Make-or-Break Moment? Coinbase CEO Calls on

Crypto Make-or-Break Moment? Coinbase CEO Calls on Congress to Act Now

Coinbase CEO Brian Armstrong has issued a strong call to action, urging the U.S. Congress to establish clear and supportive regulations for the cryptocurrency industry. His appeal comes amid ongoing regulatory challenges, including a Wells notice from the U.S. Securities and Exchange Commission (SEC) suggesting potential enforcement actions against the exchange.

In a recent Twitter Spaces discussion, Armstrong emphasized the need for proactive engagement from the crypto community. He encouraged individuals to contact their representatives, support pro-crypto candidates, and participate in town halls to advocate for favorable legislation. Armstrong highlighted that approximately 50 million Americans are involved in cryptocurrency, representing a significant voting bloc that can influence legislative outcomes. 

Coinbase's initiative, known as the Crypto435 campaign, aims to mobilize this community to support candidates who understand and advocateIMG_20250612_190243.jpg

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