Coinbase’s Brian Armstrong: ‘Protect the value of your crypto’ by contacting politicians

Despite not wanting employees to engage in politics, Coinbase believes that crypto is “inherently political”


Coinbase CEO Brian Armstrong | Source: TechCrunch "775208327GB00107_TechCrunch" (CC license)


Brian Armstrong is advocating for Americans to contact their representatives and push them to vote ‘yes’ on a new crop of crypto bills being marked up this week on Capitol Hill.

“Important action you can take to protect the value of your crypto in America,” Armstrong said in his tweet, linking to a landing page on Coinbase’s site. The page leads viewers to ActNow, saying, “We need your help to make sure the legislative process keeps moving forward.”

Loading Tweet..

Armstrong’s tweet comes two years after Coinbase sought to clarify its stance on political discussions inside the workplace. Initially, Coinbase said it did not want employees to “debate causes or political candidates internally that are unrelated to work.”

Still, Coinbase clarified in a later blog post that crypto is “inherently political” and therefore it was “ok being political about this one particular area because it relates to our mission.”

Coinbase also restricted “activism outside of our core mission at work.”

“If there is a bill introduced around crypto, we may engage here, but we normally wouldn’t engage in policy decisions around healthcare or education for example,” the initial blog post said at the time.

The company has followed through with its stance on using its platform for crypto politics. It ran a nationwide advertising campaign that sought to help push policymakers to understand the importance of crypto.

Coinbase and Armstrong have used their political positioning to push lawmakers for regulatory clarity after the crypto exchange was slapped with a Wells notice and, later, a lawsuit from the SEC this year

Coinbase is currently engaged in multiple lawsuits with the SEC.

Armstrong, alongside Coinbase Chief Legal Officer Paul Grewal, have utilized their social media platforms to voice support for legislation centered on crypto. 

Loading Tweet..

Grewal pushed for legislation in order to be “taken seriously as a nation,” and he asked Congress to enact digital asset regulation “without delay.”

Loading Tweet..

Lawmakers on the Hill are debating proposed legislation around stablecoins and crypto this week.

Don’t miss the next big story – join our free daily newsletter.


Upcoming Events

Hilton Metropole | 225 Edgware Rd, London

Mon - Wed, March 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience: Attend expert-led panel discussions and fireside chats Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts.

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research report - cover graphics (1).jpg


In this report, we dive into crypto private market data to gather insights on where the future of the industry is headed. Despite a notable downturn in private raises, capital continues to infuse promising projects that aim to transform payments, banking, consumer experiences, community, and more, with 2023 being the fourth-largest year for crypto venture capital.


BUZZ holds shares of Coinbase, Robinhood and MicroStrategy


Opinion: Even though I didn’t pay for my “Diamond Hands” burger with BTC, don’t let that fool you into thinking that crypto’s development is futile


The results mark “a major positive inflection point,” one analyst says, as the exchange carries net income momentum into a crypto rally


While the slate of 10 US spot bitcoin funds have tallied $4.6 billion of net inflows thus far, half of the field is lagging the leaders


Trading volumes totalled $154 billion in Q4, including $125 billion in institutional volume


DeFi on Bitcoin is all the rage right now and Stacks is positioned to benefit