Coinbase is a remote-first company, doesn’t have physical HQ or offices, but it is de-facto US-based, and it is also the only major crypto exchange to a public company listed in the US stock exchange.
As such, Coinbase is and perhaps it’s fair to say should be a priority for the US government.
The US has been either asleep or actively trying to harm crypto firms for years, and as a result, the epicentre of the crypto world has gradually shifted globally.
Today, it’s easy to pinpoint crypto-friendly jurisdictions but it’s a bit more difficult to pick and single out a country that’s leading the crypto movement. Although a lot of people would agree it’s the UAE.
The point is, the US is the world’s largest economy and the US Dollar is the world’s dominant currency. This is not going to last forever, but it isn’t going to change In the short term either.
With that in mind, the US can and must do better with crypto. It has to at least try and become a major player.
As for Armstrong, he is particularly good at *not* picking sides.
In 2024, both Coinbase and Armstrong donated to PACs to support candidates, but it was mostly designed to contribute to the candidates who favours crypto policies.
That’s a neat trick. We all know that most crypto-friendly candidates are Republican, but it’s clever to simply donate to a cause rather than to a party.
Anyway, with Trump at the helm, things aren’t necessarily going to become easier for crypto companies, but they definitely aren’t going to get worse.
Also, reminder, Gensler will ‘fire himself’, ie resign, on January 20th.
Cheers to that.
bitcoinea 
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