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Coinbase’s Armstrong Pushes for Grassroots Crypto Advocacy in SEC Fight

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by COINS NEWS 112 Views

https://thedefiant.io/coinbase-pushes-for-crypto-advocacy

"Armstrong and three other Coinbase executives in a Twitter Space Thursday encouraged Americans to urge their local congressperson to adopt a pro-crypto stance, specifically through Crypto 435, an advocacy program Coinbase launched in February.

The push came a day after the SEC sent Coinbase a letter indicating the agency intended to file an enforcement action against the company. The letter, called a Wells Notice, asserted that Coinbase had violated securities laws. Coinbase is positioning crypto as a source of jobs and innovation, which America is risking by letting the SEC run wild with enforcement action.

“I think everybody realizes this is not just a Coinbase thing,” Armstrong said on the Space. “This is about our entire industry.”"

submitted by /u/Sporesword
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