Coinbase CEO Brian Armstrong, celebrated the election results as a significant win for crypto and economic freedom, pointing to key developments that reflect a surge in political backing for digital assets. “No matter how you slice it, this election was a huge win for crypto,” Armstrong wrote in a post on X. Additionally, 257 pro-crypto candidates were elected to the House of Representatives across both parties.
Looking ahead, Coinbase and venture firm A16Z have provided additional funding to Fairshake, which now has $78 million allocated for the 2026 midterms. The StandWithCrypto advocacy group, currently with 1.9 million supporters, aims to reach 4 million advocates by 2026 and expand internationally.
Armstrong reaffirmed that crypto is here to stay from a policy perspective, emphasizing Coinbase’s commitment to advocating for sensible legislation that will protect both consumers and the industry from future regulatory challenges. He expressed confidence that the crypto industry will continue to grow and establish its roots firmly in the US.
