Coinbase CEO Brian Armstrong 'Stands Out' As Candidate For Donald Trump's Reported 'Crypto Czar' Position, Cardano Co-Founder Says

Cardano (CRYPTO: ADA) co-founder Charles Hoskinson on Thursday named Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong for a potential crypto position at the White House, citing his unique position to bridge the gap between the digital asset industry and federal regulators.

What Happened: Hoskinson emphasized the importance of the role being filled by someone “neutral” with a deep understanding of blockchain technology and the challenges posed by existing U.S. regulations.

"There is only one candidate that I think stands out in our industry for this role, and that's Brian Armstrong," Hoskinson wrote.

He cited Armstrong's leadership at Coinbase, a company that has navigated significant regulatory hurdles, as a testament to his ability to unify the industry and drive meaningful policy reform.

A crypto position, reportedly being ...

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