Crypto NewsExchangeAccording to Coinbase CEO Brian Armstrong, Cryptocurrencies Will Make Their Mark in...

According to Coinbase CEO Brian Armstrong, Cryptocurrencies Will Make Their Mark in the 2024 Presidential Election! Here are the Details!

Coinbase CEO Brian Armstrong explained what American politicians aiming to achieve electoral success in 2024 should do.

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Coinbase CEO Brian Armstrong expressed his opinion on why taking an anti-crypto stance is a “really bad political strategy” for American politicians aiming for electoral success in 2024.

Coinbase CEO Brian Armstrong Criticizes Anti-Crypto Stance in Politics

Armstrong's comments came in response to United States Senator Roger Marshall's admission that the American Bankers Association (ABA) played a role in drafting the Digital Asset Anti-Money Laundering Act, popularly referred to as the “crypto ban” bill.

Armstrong outlined five key reasons that support his argument against an anti-crypto position in politics.

The first reason highlighted is that 52 million American citizens currently own cryptocurrencies. Secondly, Armstrong noted that 38% of young people believe cryptocurrency has the potential to increase economic opportunities.

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The third point focuses on the impressive performance of cryptocurrency prices, which have increased by 90% year-to-date.

Additionally, Armstrong emphasized the importance of supporting crypto-friendly policies, stating that only 9% of Americans are satisfied with the current financial system.

*This is not investment advice.



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