Coinbase CEO Brian Armstrong has publicly endorsed Dave McCormick and John Deaton for Senate. Armstrong’s endorsement comes as a boost for both candidates, who are running for Senate seats in the upcoming elections. McCormick and Deaton have been gaining support from various sectors, and Armstrong’s endorsement further solidifies their standing in the race.
Dave McCormick, a former Wall Street executive, has been focusing on economic policies and job creation in his campaign. John Deaton, a prominent attorney, has been advocating for crypto-friendly regulations and consumer protection. Both candidates have been vocal about their support for the crypto industry, which aligns with Armstrong’s own views on the matter.
Armstrong’s endorsement is seen as a significant development in the Senate race, as Coinbase is one of the largest cryptocurrency exchanges in the world. His support could potentially sway undecided voters who are looking for candidates who understand and support the crypto industry.
Overall, Armstrong’s endorsement of Dave McCormick and John Deaton highlights the growing influence of the crypto industry in politics, and signals a shift towards more crypto-friendly policies in the future.