Coinbase CEO Brian Armstrong has publicly endorsed Pennsylvania Senate candidate Dave McCormick and Massachusetts Senate hopeful John Deaton.
Both are strong cryptocurrency proponents and have earned ‘A’s from the pro-crypto Stand With Crypto. The crowd of endorsements that Armstrong has accrued is huge for the crypto community as we approach the 2024 elections.
Leading the Pennsylvania Senate race for the first time, McCormick obtained the backing of Armstrong after he was seen as favorable toward digital assets.
Armstrong admired McCormick’s credentials, saying he strove for sensible crypto regulations promoting innovation and job growth. Instead, McCormick has said that embracing blockchain technology is the way to go concerning Pennsylvania’s economy and national security.
Armstrong’s backing of McCormick indicates the increasing role of coins in political campaigns. McCormick pleaded for Congress to accept crypto, warning it could fall behind the rest of
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