Washington Warming To Crypto? Coinbase’s Brian Armstrong Says Over 50% Of People In D.C. Are ‘Pro Crypto’ Now

Policymakers may be slowly and steadily warming to the concept of cryptocurrencies and its adoption, according to Coinbase Global, Inc. (NASDAQ: COIN) co-founder and chief executive officer Brian Armstrong.

What Happened: It has become harder to meet a cryptocurrency skeptic in Washington D.C. nowadays, Armstrong said, according to Bloomberg — adding that about 50% or more people in Washington are “pro crypto” now.

Armstrong’s comments came while speaking at the Milken Institute of Global Conference.

Crypto adoption is likely to increase massively from the existing 200 million to 1 billion within a decade, Armstrong said. In another 10-20 years, a majority of the GDP will happen in …

Full story available on Benzinga.com

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