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Brian Armstrong Hails ‘Most Pro-Crypto Congress’ After U.S. Elects 257 Supportive House Members
(Originally posted on : Crypto News – iGaming.org )
Brian Armstrong, the CEO of Coinbase, has hailed the outcome of the US election as a turning point for the bitcoin industry. He contends that the change in leadership will alleviate regulatory obstacles and pave the way for a government that is more welcoming to cryptocurrency.
In a detailed post on X, Armstrong emphasized that this election reflected public frustration with figures like SEC Chair Gary Gensler and Senator Elizabeth Warren, who have long targeted digital assets. “The country fully repudiated the work of Senator Warren and Gary Gensler, who tried for years to unlawfully kill our industry,” Armstrong stated. He sees the newly elected Congress as “the most pro-crypto Congress ever.”
A Pro-Crypto Congress, The Numbers and Impact
This shift is substantial. Stand With Crypto, a Coinbase-backed advocacy group, reported that 267 pro-crypto candidates won seats in the House of Representatives, and 18 crypto-friendly senators were elected. Armstrong attributes this victory to voter action against regulatory hostility, pointing out that crypto advocates showed up in nearly every district, electing candidates across party lines who support the digital asset industry.
Stand With Crypto has awarded President-elect Donald Trump an “A” rating, reinforcing his alignment with pro-crypto policies. Armstrong and his team believe that Trump’s support will drive legislative progress, with Congress set to pursue industry-friendly regulations.
Armstrong is clear that while this election marks significant progress, the push for policy reform is ongoing. “Crypto is here to stay from a policy POV,” he said, underlining that Coinbase and crypto advocates will keep pushing for legislation that protects consumers and the industry. The goal is to build a solid foundation for crypto’s future in America.
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To ensure continued momentum, Coinbase, alongside venture firm Andreessen Horowitz (A16Z), has allocated additional funding to the political action group Fairshake, which now has $78 million for the 2026 midterms. Stand With Crypto has also set a goal to increase its base to 4 million advocates by 2026, aiming to secure further pro-crypto leadership in government.
With a supportive Congress and committed crypto advocates, Armstrong envisions a promising future for the industry in the U.S., finally free from regulatory friction and geared toward growth.