Coinbase CEO Brian Armstrong thinks the upcoming U.S. presidential election next year could be a potential turning point for the crypto industry.
in New York on Thursday, Armstrong said a recent lawsuit brought against the exchange by the U.S. Securities and Exchange Commission could ultimately provide increased regulatory clarity for the industry as the case works its way through the courts.
"Frankly, the 2024 election is also a factor here," Armstrong added."It’s kind of politically unpopular to be anti-crypto right now, and we are going to see potentially a change here, whether in administration, parties or the SEC chair.
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