Coinbase CEO Brian Armstrong declared the U.S. is entering a "golden age for freedom" for cryptocurrency innovation in social media posts on Monday.
Armstrong shared his outlook after the Securities and Exchange Commission dismissed its enforcement action against the exchange in February.
The comments came during an interview clip from the New York Times DealBook Summit earlier this month.
What Happened
Armstrong posted on X that "the U.S. finally feels like it's back on offense."
He highlighted democratized access to crypto products, prediction markets growth, and stablecoin regulatory clarity as reasons for optimism.
The SEC dismissed its lawsuit against Coinbase on February 27, ending a case filed in June 2023 that accused the platform of operating an unregistered exchange.
The agency cited its newly formed Crypto Task Force focused on developing clear regulatory frameworks.
Armstrong said the U.S. has a chance to "update" the financial system with cryptocurrency and reduce "a lot of friction" in the economy.
The dismissal came with no fines or business changes for Coinbase, according to company statements.
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Why It Matters
Coinbase spent heavily on political influence during the 2024 election cycle, contributing more than $75 million to Fairshake and affiliated super PACs supporting crypto-friendly congressional candidates.
The company's COO Emilie Choi acknowledged in November that Coinbase donated to President Donald Trump's $300 million White House ballroom project to maintain "good relations" with the administration.
Armstrong called the regulatory shift "temporary" without statutory clarity and emphasized the need for bipartisan market structure legislation.
Congress passed the Genius Act in July 2025, providing a regulatory framework for stablecoins.
The CLARITY Act, addressing broader market structure rules, advanced through the House and now awaits Senate action.
Armstrong said both Democrats and Republicans now support crypto market structure legislation.
Coinbase shares closed 1.66% higher at $274.20 on Monday, according to Benzinga Pro data.
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