US elections have drawn the attention of investors, with Coinbase executives noting the growing influence of cryptocurrency in the political landscape. CEO Brian Armstrong highlighted the pro-crypto sentiment in Congress, with 205 pro-crypto candidates being elected to the House of Representatives.
Meanwhile, CLO Paul Grewal has called on the US SEC to change its stance on digital assets. The Republican victory in the US presidential election has sparked optimism among investors, with some speculating that the US SEC may adopt a crypto-friendly approach. In response, Grewal urged the SEC to initiate rulemaking and engage in dialogue with the crypto industry to foster growth.
