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Coinbase CEO calls for action in electing pro-crypto lawmakers following SEC Wells notice

Published 03/23/2023, 05:05 PM
Updated 03/23/2023, 08:00 PM
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Brian Armstrong, the CEO of United States-based cryptocurrency exchange Coinbase (NASDAQ:COIN), has renewed calls for crypto users to “elect pro-crypto candidates.”

In a March 23 Twitter Spaces discussion, Armstrong said Coinbase would be making efforts to organize the roughly 50 million U.S. citizens who use crypto into a political force. His statement followed the U.S. Securities and Exchange Commission issuing a Wells notice to the crypto exchange, suggesting a potential enforcement action.

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