#brian armstrong

President-elect Donald Trump reveals his commitment to the crypto sector with significant developments, including a meeting with Coinbase CEO Brian Armstrong and potential acquisition of Bakkt.

Pro-crypto candidates now hold a majority in both the U.S. House and Senate, according to data from Stand With Crypto, a public initiative backed by Coinbase CEO Brian Armstrong.

On October 30, 2024, Coinbase invested $25 million in the political super PAC, Fairshake — an organization dedicated to promoting crypto-friendly candidates in U.S. elections. This commitment was confirmed by Coinbase CEO Brian Armstrong.

Coinbase CEO Brian Armstrong has acknowledged the need for increased investment in the platform's infrastructure, as some users have encountered issues during significant market fluctuations. For example, at the end of February, they experienced difficulties executing trades as the price of Bitcoin surged drastically.

Bloomberg reports that Changpeng Zhao (CZ), the ex-CEO of the crypto exchange Binance, saw his fortune grow by almost $25 billion in 2023. His financial growth surpassed that of other crypto industry billionaires, including Coinbase's CEO Brian Armstrong and the Winklevoss twins.

In an interview with CNBC, Coinbase CEO Brian Armstrong mentioned:

Brian Armstrong has expressed his belief that Binance has transferred some of their USDC assets to a different stablecoin, according to anonymous sources in Cointelegraph. NotChaseColeman, an analyst, highlights that Binance and Justin Sun are strategically moving from USDT to USDC to secure USD, which will then be invested in FDUSD and TUSD (assets controlled by the company). Adam Cochran, a name we're familiar with, weighed in, drawing attention to the activities associated with Binance addresses. He observed: “Even with banks open in Asia and Europe and US coming online, USDT peg is off by the deepest sustained amount since the FTX fall out. Selling pressure once again coming in from the Binance.” Adam thinks the uncertainty surrounding USDT is at an all-time high, and the Curve Finance and Uniswap platforms are overrun with USDT. He was optimistic about a more promising USDT horizon today, but that seems to be deferred. BTC has touched the 28,710 threshold. Indeed, Mondays have their unique trials.

Brian Armstrong has publicly urged US residents to actively support the 21st Century Financial Innovation and Technology Bill, which promises to bring much-needed clarity to cryptocurrency regulation. Armstrong emphasized that it is ordinary Americans who can have a decisive impact on the outcome of the vote by sending an email to their representatives asking them to support the bill. In a more detailed statement, Coinbase added that the bill, in addition to protecting consumer rights and enhancing national security, has the potential to spur job creation in the US.

Donald Trump’s comeback as the 47th U.S. president is a huge win for the crypto industry, Coinbase CEO Brian Armstrong said in a recent post on X (formerly Twitter).

A number of Coinbase’s senior managers, including CEO Brian Armstrong, intend to sell more than $900 million in shares, as reported by Barron’s.

Brian Armstrong, co-founder of Coinbase, married his longtime partner Angela Meng this past weekend and shared the news on X.

He revealed that Coinbase has participated in 30 meetings with the SEC over the past year and a half.

According to Coinbase CEO Brian Armstrong, the SEC requested the exchange to halt trading in all cryptocurrencies except bitcoin before filing a lawsuit against the platform in June. “We really didn’t have a choice at that point. Delisting every asset other than bitcoin, which, by the way, is not what the law says, would have essentially meant the end of the crypto industry in the US,” said Armstrong.

Coinbase CEO Brian Armstrong has recently deleted a substantial number of his tweets from the years 2015 to 2018. Additionally, the digital archive of the World Wide Web, known as the WayBackMachine, has also removed its archive of his tweets. These tweets from that period covered a range of topics, including Brian expressing his support for increasing Bitcoin’s block size, referring to altcoins as distractions, discussing “replay attacks” on Coinbase, highlighting Ethereum’s price surge after its listing on Coinbase, questioning the full collateralization of Tether, and endorsing USDC, among other things. As a result of the deletions, these tweets now only exist in the form of screenshots that were captured and shared by others during that time.