Strong Stance Against Anti-Crypto Figures
Coinbase CEO Brian Armstrong stated the exchange would sever ties with law firms that hire SEC officials deemed hostile to crypto. Armstrong's comments specifically targeted Milbank’s appointment of Gurbir S. Grewal, a former SEC Enforcement Director.Push for a New Regulatory Era
Armstrong accused former SEC leaders of attempting to stifle the crypto industry without clear guidelines. He expressed optimism about the incoming Trump administration’s pro-crypto stance, hoping for a more collaborative regulatory framework.Call to Action for the Industry
Armstrong urged other crypto businesses to take similar steps, emphasizing that supporting law firms with anti-crypto hires undermines the industry’s interests.
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