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Coinbase expects US to be crypto-friendly irrespective of election outcome
The next U.S. administration will be "constructive" on crypto regardless of which party wins, Coinbase CEO Brian Armstrong said late on Thursday, underscoring the industry's growing political influence ahead of the November election. The highly volatile crypto sector is seen as a risky fringe industry and has drawn intense scrutiny from the U.S. Securities and Exchange Commission, which has accused it of flouting securities laws. But support from Wall Street institutions and corporate titans like Elon Musk and the approval of U.S. exchange-traded crypto funds have boosted its mainstream appeal. The Republican ... (full story)
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- Posted: Aug 3, 2024 1:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 161
