It was a rare White House rebuke to the crypto industry: Don’t take your newfound political muscle in Washington for granted. A week after Coinbase Global Inc. Chief Executive Officer Brian Armstrong helped stall sweeping cryptocurrency legislation in the Senate, White House crypto adviser Patrick Witt took to X to express his displeasure with Armstrong’s assertion that no bill is better than a bad one.
Coinbase power play sparks crypto rift as key bill gets delayed
