Coinbase CEO Brian Armstrong Endorses Dave McCormick, John Deaton For Senate
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In a series of October 20 X posts, Coinbase CEO Brian Armstrong endorsed Pennsylvania Senate candidate Dave McCormick and Massachusetts-based Senate hopeful John Deaton, both strong advocates for crypto, ahead of the 2024 elections.
Both candidates, McCormick and Deaton, have been recognized for their pro-crypto stances, receiving “A” ratings from Stand With Crypto, a digital asset advocacy group founded by Coinbase.
If you live in Pennsylvania you should vote for @DaveMcCormickPA
He is the better candidate on crypto (among many other credentials) https://t.co/BMFIVwB8NO
The group advocates for sensible crypto regulations and has most recently endorsed candidates who align with that vision ahead of the upcoming elections.
As the race for the Pennsylvania Senate seat tightens, Armstrong’s public support for McCormick marked a pivotal moment in the candidate’s campaign.
McCormick, who has been leading in Pennsylvania’s Senate election polls for the first time, earned Armstrong’s backing as the “better candidate on crypto (among many other credentials).”
“Embracing crypto and blockchain will unlock great jobs for our commonwealth and benefit our national security,” McCormick said in June, stressing that if Congress doesn’t embrace this next wave of innovation, the U.S. risks being left behind.
Armstrong also criticized Senator Elizabeth Warren and SEC Chair Gary Gensler for their regulation-by-enforcement approach to digital assets, which he claims harms the crypto industry.
“Crypto holders in MA should realize @SenWarren is the one
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