Coinbase CEO Brian Armstrong has endorsed pro-crypto Republican Senate candidates John Deaton in Massachusetts and David McCormick in Pennsylvania for the upcoming November elections, citing their favorable stance on crypto. Armstrong criticized Senator Elizabeth Warren, accusing her of appointing SEC Chair Gary Gensler and encouraging efforts to undermine the crypto industry. This marks a shift for Coinbase, which was previously apolitical but has now entered the political arena with its Stand With Crypto initiative, supporting candidates who advocate for sensible crypto policies. However, Armstrong has not endorsed a presidential candidate, believing that the next administration, regardless of party, will be more constructive on crypto. Elon Musk reposted one of Armstrong’s tweets that explained why “Massachusetts residents should vote for John Deaton.” Source: Cointelegraph & Brian Armstrong on X
