Key figures in the crypto industry, including Coinbase CEO Brian Armstrong and Gemini co-founder Cameron Winklevoss, are expressing strong support for the newly established Department of Government Efficiency (D.O.G.E), an initiative under President Donald Trump aimed at tackling bureaucratic inefficiencies and reshaping the US economy. Armstrong sees D.O.G.E as an opportunity to enhance economic freedom and reduce the size of government, suggesting constitutional amendments to ensure its lasting impact. Winklevoss believes D.O.G.E can address inflation and financial inequality, targeting inefficiency and waste to ease economic pressure on vulnerable communities. Stuart Alderoty, Ripple's Chief Legal Officer, suggests investigating spending inefficiencies within the SEC as an area of focus for the department.
- Content Editor ( beincrypto.com )
- 2024-11-17
Coinbase CEO and Gemini Co-Founder Rally Behind Elon Musk-led D.O.G.E Reforms