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Coinbase CEO Warns Being Anti-Crypto Will Be A Bad Political Strategy In 2024

Coinbase Global Inc. (NASDAQ: COIN) CEO Brian Armstrong posted a video revealing U.S. Sen. Roger Marshall’s admission that the American Bankers Association (ABA) played a significant role in drafting the Digital Asset Anti-Money Laundering Act, also known as the “crypto ban” bill. This bill, co-authored by Sen. Elizabeth Warren and Sen. Marshall, was a topic of intense debate for its potential impact on the regulation of digital assets. Armstrong’s post, which highlighted the political risks of being anti-crypto, came at a time when the cryptocurrency sector is gaining substantial traction amo…