CandleFocus Coinbase Dumps Failed Tactics – Crypto Millions Now Flow to Policy Gamechangers
2024-12-25
Author: Content Editor
Coinbase CEO Brian Armstrong plans to end failed lobbying efforts by redirecting tech industry money towards pro-innovation candidates. He states that supporting candidates who are pro-tech and pro-business is crucial for the tech industry to have influence in Washington DC. This strategy comes as Silicon Valley grows frustrated with traditional lobbying tactics and prioritizes long-term growth. Armstrong's approach is already being implemented through Coinbase's "Stand with Crypto" initiative, which aims to rally support for crypto-friendly legislation. Leading up to the 2024 election, the cryptocurrency industry has backed Donald Trump due to his pro-crypto stance.
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