Coinbase CEO Blames Gensler & Warren for Costing Kamala Harris the US Election

Quick Summary:

Coinbase CEO Brian Armstrong has called out SEC Chairman Gary Gensler and Senator Elizabeth Warren as the reason for Democratic ticket hopeful, Kamala Harris losing the 2024 US presidential election.

Brian Armstrong’s comments indicate that the Biden administration’s regulation of cryptocurrency, spearheaded by Gensler and Warren, damaged the Democratic Party’s chances at the polls.

He noted that the very crackdown on Ripple and other firms eroded the support of the voters who voted for cryptocurrency as a tool for economic growth and freedom especially among the young people and technology influencers.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: Coinbase CEO Elon Musk News 24/7 Cryptocurrency News Brian Armstrong Regulation News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 05:07:33 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 504 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23913552

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 8 hours ago

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